TD Securities confirms Newcrest bid

Article Abstract:

Newcrest Capital Inc. has received an acquisition offer from Toronto, Ont.-based TD Securities Inc., which is owned by Toronto-Dominion Bank. Newcrest Capital, which is an investment dealer, will gain access to the telecom and media sectors through the deal.

United States, Investment Offices, Investment Companies, Open-End Investment Funds, TD Securities Inc.

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TD Bank in talks to buy Newcrest

Article Abstract:

Toronto, Ont.-based Newcrest Capital Inc., which is a specialized brokerage firm, will be acquired by Toronto-Dominion Bank. The deal, which is estimated at between $150 million and $200 million, will be made through Toronto-Dominion's TD Securities.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banks (Finance), TD Securities

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TD Bank to pay $224-million in deal for Newcrest

Article Abstract:

Toronto Dominion Bank (TD Bank) is acquiring Newcrest Capital Inc. for C$224 million. The deal will strengthen TD Bank's investment banking operations.

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