Client Work Detail
matter
RBC Completes Acquisition of Commercial Leasing Division of ABN AMRO Bank N.V. - Canada Branch
CLIENT
Royal Bank of Canada
DATE
October 1, 2008
Ogilvy Renault was counsel to Royal Bank of Canada (RBC), in connection with RBC's purchase on October 1, 2008 of ABN AMRO's Canadian commercial leasing division. The details of the transaction were not publicly disclosed.
The transaction expands RBC's presence in the Canadian commercial leasing business, which is an important component of RBC's overall commercial business growth strategy. RBC Leasing is the largest bank-owned commercial leasing business in Canada, operating in major urban centres from Halifax to Victoria.
The Ogilvy Renault team was comprised of Andrew Fleming, Eric Reither, Suzana Lobo and Mark Bailey (Corporate - M&A, Banking), Adrienne Oliver and Barry Segal (Tax), Michael Horvat (Employment), David Vincent (Pensions), Martha Healey (Privacy) and Paul Feuer and Sarah McLean (Competition).
