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RBC Agrees to Acquire Yarra Capital Management to Expand in Australia

The Canadian bank did not provide a purchase price for the proposed acquisition.

Glass office entrance framed by native grasses in morning light / TokenPost.ai
Glass office entrance framed by native grasses in morning light / TokenPost.ai

Royal Bank of Canada (RBC) announced Nov. 9 that it had agreed to acquire Yarra Capital Management Limited, an Australian asset manager, to strengthen its presence in Australia and the Asia-Pacific region.

RBC did not provide a purchase price for the proposed acquisition.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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