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

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 61%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Toronto\u002DDominion Bank and First Horizon Corp. have agreed to terminate their $13.4 billion merger agreement. Find out more

But TD appeared to remain committed to the deal. When asked if he was still interested in buying First Horizon at TD’s annual shareholder meeting on April 20, TD chief executive Bharat Masrani had said: “We see the benefits of the merger.” He offered few other details about the state of the transaction.

John Aiken, senior analyst and head of research at Barclays Bank PLC, said the original deal price no longer made sense, but he expressed surprise that the parties scrapped the deal entirely.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 49. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

TD Bank and First Horizon call off $13.4-billion merger dealToronto\u002DDominion Bank and First Horizon Corp. have agreed to terminate their $13.4 billion merger agreement. Find out more
Bron: financialpost - 🏆 7. / 85 Lees verder »

TD Bank and First Horizon call off $13.4-billion merger dealToronto\u002DDominion Bank and First Horizon Corp. have agreed to terminate their $13.4 billion merger agreement. Find out more
Bron: fpinvesting - 🏆 43. / 63 Lees verder »

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?
Bron: financialpost - 🏆 7. / 85 Lees verder »