The Toronto-Dominion Bank acquires TD Banknorth Inc.
Date Closed
April 20, 2007
Lead Office
Toronto
Value
3.20 Billion USD
On April 20, 2006, The Toronto Dominion Bank acquired the shares of TD Banknorth Inc. which it did not already own, being approximately 43% of the total shares outstanding. McCarthy Tétrault assisted with Canadian aspects of this US-based offer, specifically relating to regulatory matters, TSX issues, providing Canadian tax advice and corporate matters relating to the transaction.
McCarthy Tétrault advised TD with a team that was led by Philip Moore, and included Wendi Locke, Daryl McLean, Timothy Stewart, Gwendolyn Watson, and Jerald Wortsman.