Canada’s banking sector faces further consolidation as the National Bank of Canada has reached an all-share deal to acquire Canadian Western Bank that values the lender at about $5 billion. Anne Gaviola has this story and more in Business Matters for Wednesday June 12, 2024.
- National Bank clears big hurdle in bid to buy Canadian Western Bank
- Edmonton-based CWB says shareholders approve National Bank takeover
- Canadian Western Bank shares soar after announcing deal with National Bank