Royal Bank of Canada announces agreement to acquire Yarra Capital Management
RY•Royal Bank of Canada agreed to acquire full ownership of Yarra Capital Management, with the deal expected to close in the first quarter of 2027; RBC said it is not expected to significantly affect its CET1 ratio or future run-rate earnings.
1. Acquisition agreement
Royal Bank of Canada agreed to acquire full ownership of Yarra Capital Management. The transaction is expected to complete in the first quarter of 2027 and is not expected to have a significant impact on RBC’s CET1 ratio or future run-rate earnings.
