Canadian Western Bank (TSE:CWB) has released an update.
Canadian Western Bank (CWB) has scheduled a special meeting for shareholders to vote on a significant acquisition by National Bank of Canada, with a generous premium offer per share. The all-share transaction, valuing CWB at about $5.0 billion, would position the combined entity as a leader in the Canadian banking sector with national growth ambitions. CWB’s board unanimously supports the deal, emphasizing its benefits to shareholders and advising their vote in favor.
For further insights into TSE:CWB stock, check out TipRanks’ Stock Analysis page.
