NatWest to buy Evelyn Partners in $3.68 billion deal
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NatWest Group has agreed to acquire Evelyn Partners for £2.7 billion ($3.68 billion), including debt. This acquisition will create the largest private banking and wealth management business in Britain, enhancing NatWest's offerings for its 20 million customers. The deal is expected to yield annual cost savings of approximately £100 million, alongside a £750 million share buyback announcement.
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