Franklin Templeton to buy Putnam as Desmarais family exits
Franklin will pay US$925 million in cash and stock for Putnam from Great-West Lifeco, part of the Desmarais family’s Power Corp. Read on.
Source: leaderpost.com
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TD to spend years on sidelines of U.S. bank deals, Barclays says
TD Bank is likely to find itself shut out of U.S. retail-banking deals for up to five year in First Horizon fallout, Barclays said. Read on.
Source: leaderpost.com
TD's Transaction Practices Drew Regulator Scrutiny on Nixed Deal
Toronto-Dominion Bank’s planned $13.4 billion purchase of First Horizon Corp. was held up as US regulators scrutinized the Toronto lender’s handling of…
Source: financialpost.com
TD practices held up regulator scrutiny of First Horizon deal: report
TD's dead deal for First Horizon was held on the Toronto lender’s handling of suspicious customer transactions, reports said. Read on.
Source: financialpost.com
Canaccord shares dive as management buyout tripped up
Canaccord warned that quick approval of a management buyout is at risk due to an “ongoing regulatory matter” at a foreign division. Read on.
Source: leaderpost.com