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home / news releases / national bank s mega deal for canadian western bank

CA - National Bank's Mega Deal For Canadian Western Bank

CA Inc.

2024-06-12 10:21:58 ET

Summary

  • National Bank of Canada agreed to buy Canadian Western Bank for a 110% premium.
  • The acquisition allows NA to quickly expand into Western Canada and gain access to CWB's commercial loan book.
  • NA did overpay, but we give you three reasons why the damage is far less than what it looks like.

Note: All amounts referenced are in Canadian Dollars ...

For further details see:

National Bank's Mega Deal For Canadian Western Bank
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
Website: c-and-a.com
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