Post by
emiltech on Jun 13, 2024 11:51am
Higher Bid for Canadian Western Bank?
Could be a 60 Bucks cash Offer by RBC. Who knows!
Comment by
88guy88 on Jun 13, 2024 12:12pm
RBC would not likely do a bid as they are busy fitting in HSBC acquisition....plus the Feds would never allow one bank like RBC to have that much control over the banking sector in Canada
Comment by
FatherJack on Jun 13, 2024 8:53pm
I think there is a 4% breakup fee if CWB terminates the agreement. The only thing you have to ask yourself is National Bank better Managed and postitioned than CWB. The other big 6 banks already have a stong presence in western Canada so I really doubt that a better offer will emerge. The deal looks good to me.
Comment by
mugs19 on Jun 17, 2024 12:25am
If Premier Smith puts a wrench in this take-over (which I doubt), I personally, will spank her bottom! :) mugs
Comment by
RamaMark on Jun 15, 2024 9:13pm
Toosmall for RBC and the other big six.
Comment by
emiltech on Jun 17, 2024 11:10am
Except for NA. Could be a huge hit for it if CWB spread strongly everywhere west of Qc! And then east of Qc.