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National Bank of Canada gets final approval for $5 billion acquisition of Canadian Western Bank.
National Bank of Canada has received final approval to acquire Canadian Western Bank in a $5 billion deal, set to close on February 3, 2025.
The transaction, approved by regulators including the OSFI and Competition Bureau, aims to enhance services for clients and bolster National Bank's presence in Western Canada.
National Bank will start including CWB in its financial results from the second quarter of 2025.
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El Banco Nacional de Canadá obtiene la aprobación final para la adquisición de $5 mil millones del Banco Canadiense Occidental.