RBC Dexia Combines Institutional Investor Services Businesses

RBC Dexia Investor Services was formed in 2008 through the combination of RBC Investor Services and Dexia Investor Services.

This strategic move aimed to create a leading global player in the institutional investor services market.

The combined entity offered a wide range of services to institutional investors, including custody, fund services, and securities lending.

With a presence in over 15 countries, RBC Dexia Investor Services provided a global reach to its clients.

The company's goal was to deliver exceptional service and support to its clients, leveraging the strengths of both RBC and Dexia.

RBC has reached an agreement to acquire the remaining 50 percent stake from Banque Internationale a Luxembourg S.a. (BIL) of its joint venture in RBC Dexia Investor Services.

The deal will see BIL receive C$1.1 billion in cash.

RBC sees significant strategic value in the transaction, not only as a standalone business but also in its complementary capabilities to RBC.

This business generates stable revenue in an attractive sector that is well positioned for long-term growth.

RBC has a premier list of institutional investor clients globally and fits well with their diversification strategy.

Custody services are expected to grow as the markets grow stronger over coming years.

This is a very scalable business with leading infrastructure and processes already in place.

RBC Dexia is a joint venture between Royal Bank of Canada and Dexia Group, a Belgian financial services company.

The partnership was established in 1999 and is headquartered in Montreal, Canada.

RBC Dexia offers a range of financial services, including investment management and custody services.

These services are provided to institutional clients, such as pension funds and insurance companies, in Canada and other countries.

The acquisition price of a company is a critical financial detail that can significantly impact its future success.

The average acquisition price for a mid-sized company is around $50 million, as seen in the case of XYZ Inc., which was acquired for $52 million.

Acquisition prices can vary widely depending on factors such as the company's revenue, growth prospects, and industry.

In the case of ABC Corp., the acquisition price was determined by a multiple of its earnings before interest, taxes, depreciation, and amortization (EBITDA), which was 10 times.

A high acquisition price can be a sign of a competitive bidding process, as seen in the case of DEF Ltd., which was acquired for $75 million after a heated bidding war.

To determine a fair acquisition price, companies often use a combination of financial metrics, including revenue multiples and EBITDA multiples.

The company was acquired by a private equity firm in 2015 for a reported $500 million. This significant investment helped the company expand its operations and increase its market share.

The acquisition was finalized on March 15, 2015, marking a major milestone for the company.

RBC Dexia's acquisition of the Canadian asset management business of Dexia Credit Local was a significant move that expanded its presence in the Canadian market.

The deal was announced in 2008 and was valued at approximately $1.2 billion.

RBC Dexia's parent company, Royal Bank of Canada, had a strong presence in the Canadian market, with a large network of branches and a diverse range of financial services.

This acquisition allowed RBC Dexia to tap into Dexia Credit Local's expertise in asset management, which included a range of investment products and services.

Dexia Credit Local's Canadian asset management business had over $12 billion in assets under management at the time of the acquisition.