M&A Deal Summary |
|
---|---|
Date | 2007-10-02 |
Target | Commerce Bancorp |
Sector | Financial Services |
Buyer(s) | TD Bank |
Deal Type | Add-on Acquisition |
Deal Value | 8.5B USD |
Advisor(s) | Goldman Sachs (Financial) Sullivan & Cromwell (Legal) |
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Category | Company |
---|---|
Founded | 1855 |
Sector | Financial Services |
Employees | 102,853 |
Revenue | 52.9B CAD (2023) |
TD Bank and its subsidiaries are collectively known as TD Bank Group (TD or the Bank). TD is a large bank North American bank serving customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TD Bank was incorporated in 1855 and is based in Toronto, Canada.
DEAL STATS | # |
---|---|
Overall | 2 of 10 |
Sector (Financial Services) | 2 of 9 |
Type (Add-on Acquisition) | 1 of 7 |
State (New Jersey) | 2 of 2 |
Country (United States) | 2 of 8 |
Year (2007) | 1 of 1 |
Size (of disclosed) | 1 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2005-06-22 |
TD Waterhouse USA
United States TD Waterhouse USA is a provider of electronic brokerage services to retail investors. |
Sell | $2.9B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2010-05-17 |
The South Financial Group
Greenville, South Carolina, United States The South Financial Group consists of Carolina First Bank, which operates under the Carolina First brand in the Carolinas and the Mercantile Bank, which operates in Florida. |
Buy | $61M |