$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.
The acquisition of Acuity also brings investors in AGF funds more choice in balanced and fixed-income products
Moody’s places bank on review, DBRS confirms ratings
Deal strengthens BMO’s position in U.S. Midwest
Bank broadening its scope in Europe
U.S. monetary policies, Europe’s debt crisis and food inflation cause for concern
Nuevo Banco Comercial has 49 branches