Royal Bank of Canada’s $2.2 Billion RBTT Acquisition
October 2, 2007
Cleary Gottlieb is representing Credit Suisse Securities (USA) LLC as one of the financial advisors to Trinidad and Tobago bank holding company RBTT Financial Holdings Limited in the proposed acquisition of RBTT by Royal Bank of Canada for cash and stock. The $2.2 billion deal was announced October 2.
RBTT is a Caribbean-owned banking and financial services company that offers a range of banking and financial services to customers in Trinidad & Tobago and elsewhere in the Caribbean.
Royal Bank of Canada is a diversified financial services company and is Canada’s largest bank.