Republic to acquire Leumi in Canada.

NEW YORK -- Republic New York Corp. said its Canadian unit, Republic National Bank of New York (Canada), has agreed to acquire Bank Leumi Le Israel (Canada) from its Israeli parent.

Terms were not disclosed. The transaction requires various regulatory approvals.

Bank Leumi Le Israel (Canada) had assets of $148 million as of June 30, while Republic of Canada had $514 million.

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