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2023-12-22 | Industry Dynamics

Canada Approves USD 10.1 Billion HSBC Canada Unit Deal 

Today’s News Canada has officially granted approval for the proposed USD 10.1 billion acquisition by Royal Bank of Canada (RBC) of HSBC Holdings’ Canadian unit, a significant move arriving more than a year after the announcement of the deal. Canadian Finance Minister Chrystia Freeland highlighted that RBC consented to adhere to various conditions encompassing Canadian […]