News Formal

TD Bank and First Horizon call off $13.4-billion merger deal

  • 📰 financialpost
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 85%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

BREAKING TD Bank and First Horizon call off their $13.4 billion merger deal

Play Video

The deal, which valued First Horizon at US$13.4 billion when it was announced in February 2022, was called off because thedid not have clarity on if and when they would get the regulatory approvals, TD said in a statement.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

The merger would have made TD the sixth-largest bank in the U.S. by assets. The transaction hit the first signs of trouble this February when TD warned First Horizon that it might not be able to gain regulatory approval by the extended deadline of May 27.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 7. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

What Canada gets for its $13 billion investment in VW's battery plantCanada is offering Volkswagen $13 billion to build its first battery plant outside Europe in St. Thomas, Ont. Is it worth it?
Sumber: financialpost - 🏆 7. / 85 Baca lebih lajut »