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BRIEF-National Bank To Accelerate Domestic Growth With The Acquisition Of Canadian Western Bank
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BRIEF-National Bank To Accelerate Domestic Growth With The Acquisition Of Canadian Western Bank
Jun 11, 2024 3:27 PM

Canadian Western Bank ( CWESF ):

* NATIONAL BANK TO ACCELERATE DOMESTIC GROWTH WITH THE

ACQUISITION

OF CANADIAN WESTERN BANK

* CANADIAN WESTERN BANK ( CWESF ) - CONCURRENT SUBSCRIPTION RECEIPT

OFFERING

OF $1 BILLION

* CANADIAN WESTERN BANK ( CWESF ) - PROPOSED DEAL FOR APPROXIMATELY

$5.0

BILLION

* CANADIAN WESTERN BANK ( CWESF ) - DEAL IS EXPECTED TO BE ACCRETIVE

TO

NATIONAL BANK'S ADJUSTED EPS ON RUN-RATE COST AND FUNDING

SYNERGIES

* CANADIAN WESTERN BANK ( CWESF ) - EACH CWB SHARE, OTHER THAN THOSE

HELD BY

NATIONAL BANK, WILL BE EXCHANGED FOR 0.450 OF A COMMON SHARE OF

NATIONAL BANK

Source text for Eikon:

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