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Stabroek News

RBTT requests suspension to finalise cash, securities deal
published: Friday | May 2, 2008

RBTT Financial Holdings Limited (RBTT) will be applying to the stock exchange in Trinidad for a suspension of trading in the stock effective May 5, to wrap up the combination cash and shares deal with Royal Bank of Canada.

If granted, the suspension will extend to Jamaica and Barbados, RBTT said this week in an information notice filed with the stock exchange.

The parties expect Trinidad's regulators to shortly sign off on the US$2.2 billion merger of their regional banking operations.

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