National Bank Acquires CWB

This is a news story, published by Yahoo Finance, that relates primarily to CWB news.

banking & finance news

For more banking & finance news, you can click here:

more banking & finance news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about

Canadian Western Bank acquisition

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest National Bank news, CWB shareholders news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Canadian Western Bank

GlobalData

•

National Bank gets final nod for $3.47bn Canadian Western Bank acquisition

Summary

Nutrition label

76% Informative

National Bank of Canada has secured the final approval from the Minister of Finance to proceed with its acquisition of Canadian Western Bank ( CWB ) This acquisition, valued at C$ 5bn ($ 3.47bn ), was signed in June 2024 .

Each CWB share, excluding those held by National Bank , will be exchanged for 0.450 of a common share of National Bank .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech