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National Bank of Canada Completes Acquisition of Canadian Western Bank

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National Bank of Canada Completes Acquisition of Canadian Western Bank

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The latest announcement is out from Canadian Western Bank ( (TSE:CWB) ).

The National Bank of Canada has completed its acquisition of Canadian Western Bank, a move that will enable the combined entity to offer a broader range of banking products and services across Canada. This strategic acquisition, valued at $5.6 billion, enhances National Bank’s operations and presence in Western Canada, with integration activities set to begin to unify clients and employees under the expanded network.

More about Canadian Western Bank

YTD Price Performance: -1.13%

Average Trading Volume: 1,374

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.8B

For detailed information about CWB stock, go to TipRanks’ Stock Analysis page.

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