Royal Bank of Canada (RY) announces that it will buy the 50% stake in RBC Dexia Investor...

|About: Royal Bank of Canada (RY)|By:, SA News Editor

Royal Bank of Canada (RY) announces that it will buy the 50% stake in RBC Dexia Investor Services that it doesn't already own from partner Banque International for C$1.1B ($1.11B). The bank expects the deal will add to its earnings in 2013. Shares -1.2% premarket.