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Cornerstone Blog TD To Buy Wells Fargo’s Canadian Direct Equipment Finance Business

TD To Buy Wells Fargo’s Canadian Direct Equipment Finance Business

January 20, 2021 by Cornerstone International Group

The Toronto-Dominion Bank (TD) and Wells Fargo 

have unveiled a deal through which TD will buy the Canadian Direct Equipment Finance operation of Wells Fargo,

which is “subject to certain closing conditions,” according to a Thursday (Jan. 14) announcement.

TD’s acquisition of the business will close in the first six months of this year

“subject to receipt of regulatory and Competition Act approvals and clearance, and

satisfaction of other customary closing conditions,” according to the announcement.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #Canadianbusiness

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