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Scully Royalty's Merkanti unit agrees to acquire Sparkasse Malta

Mar. 07, 2022 10:08 AM ETScully Royalty Ltd. (SRL)By: Liz Kiesche, SA News Editor9 Comments

Connected puzzle pieces with the acronym M&A. Merger and acquisition in business

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  • Scully Royalty's (NYSE:SRL) Merkanti Holding subsidiary agreed to acquire Sparkasse (Holdings) Malta Ltd. and plan to merge Merkanti Bank with Sparkasse Malta, creating an independent institution with total assets of ~EUR 1.1B (US$1.2B).
  • The transaction

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