Scotiabank extends deadline for takeover offer
Acquisition of Balloch Group complete
Deal expected to close in February
Acquisition of local insurance brokerage part of Quebec growth strategy
Lloyd George Management has US$6 billion in AUM
Acquisition makes RSA Canada’s fourth-largest general insurer
$443 million cash deal expected to close in second quarter of 2011
Strong loonie, turmoil in European provides opportunities for Canadian companies to make acquisitions abroad
Source: The Canadian PressTD Bank (TSX:TD) has signed a deal to buy Chrysler Financial from U.S. private equity firm Cerberus for $6.3 billion in a bid to grow its auto lending business across North America.The Canadian bank said it bought the former lending division of the U.S. automaker as part of an investment strategy for […]
Remaining Canadian banks could consider further bank acquisitions in the U.S.