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flag National Bank of Canada gets final approval for $5 billion acquisition of Canadian Western Bank.

flag 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. flag 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. flag National Bank will start including CWB in its financial results from the second quarter of 2025.

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