Betaville

Royal Bank of Canada agrees deal to buy Brewin Dolphin for £1.6 billion

One of the oldest City of London stockbrokers is set to fall into the hands of a North American predator.

Brewin Dolphin has agreed a deal to sell itself to Royal Bank of Canada's wealth management division.

RBC is paying 515p a share for Brewin Dolphin or around £1.6 billion...

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Royal Bank of Canada tips Tesco to bid for Dixons Carphone...sort of

Well, to be honest that's not exactly what analysts at Royal Bank of Canada said. But the scribblers at the broker have indulged in a bit of fantasy M&A after claiming Dixons Carphone is vulnerable to a bid because the European electricals space has "started to consolidate"...

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