Royal Bank of Canada to buy Ally auto finance unit – Reuters
 AFP |
Royal Bank of Canada to buy Ally auto finance unit
Reuters TORONTO (Reuters) – Royal Bank of Canada has agreed to buy the Canadian auto finance and deposit arm of Ally Financial Inc in a $ 4.1 billion deal to expand its vehicle-lending business at a time when loan growth overall is slowing in the country. Ally to Sell Canada Auto Finance Operations RBC to buy Canadian auto finance unit of Ally Financial Ally to Sell Canadian Auto Finance Units to RBC |
