19 Mar 2019 --- In line with its international food and agri focus, Rabobank will consolidate its agri-business activities across the US and complete the sale of its subsidiary Rabobank, National Association (RNA) to Mechanics Bank for US$2.1 billion. Last week, Rabobank signed documentation with Mechanics Bank and the transaction is expected to be completed later this year, subject to customary closing conditions. The total consideration amounts to approximately US$2.1 billion, including a material pre-closing dividend and a 9.9 percent stake in Mechanics Bank.