The proposed Seasongood & Mayer buyout aims to bolster RBC’s position in the U.S. municipal investment banking market
Swedish group plans to use purchase as a benchmark to enter other emerging capital markets
Citigroup will have an ownership stake of 60% in the brokerage for a cost of US$7.7 million
Average deal value up 16%
Transaction will add approximately 90,000 medical members
The merged company’s new market capitalization of US$25.81 billion makes it the world's largest listed exchange group
Rockwater also announces key management change
CBOT will review competing bid from IntercontinentalExchange before deciding on the next step
Impax is now a wholly owned subsidiary of JovFunds Management Inc.
Bank is now the seventh largest in Alabama