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Toronto-Dominion Bank (TD.TO)

TD.TO on Toronto Stock Exchange

74.06CAD
15 Oct 2018
Change (% chg)

$-0.23 (-0.31%)
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Latest Key Developments (Source: Significant Developments)

Toronto-Dominion Bank eyes U.S. acquisitions
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Toronto-Dominion Bank ::TORONTO-DOMINION BANK'S CFO SAYS ACQUISITION OPPORTUNITIES ON U.S. EAST COST WOULD BE ATTRACTIVE.  Full Article

Unifor Says Has Reached Out To Aeroplan & Air Canada For More Information On The Long-Term Implications Of Agreement To Purchase Aeroplan Business
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Air Canada ::UNIFOR SAYS HAS REACHED OUT TO AEROPLAN & AIR CANADA FOR MORE INFORMATION ON THE LONG-TERM IMPLICATIONS OF AGREEMENT TO PURCHASE AEROPLAN BUSINESS.  Full Article

Mittleman Brothers LLC Release Statement On Sale Of Aeroplan
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Mittleman Brothers LLC::MITTLEMAN BROTHERS LLC STATEMENT ON SALE OF AEROPLAN.MITTLEMAN BROTHERS LLC SAYS SALE OF AEROPLAN FOR C$450 MILLION IN CASH "WAS THE BEST AVAILABLE OUTCOME FOR ALL AIMIA STAKEHOLDERS".MITTLEMAN BROTHERS LLC SAYS AEROPLAN SALE SHOULD LEAVE AIMIA INC. WITH JUST OVER C$1B IN CASH.  Full Article

Air Canada, Td, Cibc, Visa And Aimia Reach Agreement For Acquisition Of Aeroplan Loyalty Business
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Aimia Inc ::AIR CANADA, TD, CIBC, VISA AND AIMIA REACH AGREEMENT IN PRINCIPLE FOR ACQUISITION OF AEROPLAN LOYALTY BUSINESS.AIMIA INC - PURCHASE PRICE CONSISTS OF $450 MILLION IN CASH AND ASSUMPTION OF APPROXIMATELY $1.9 BILLION OF AEROPLAN MILES LIABILITY.AIMIA INC - PURCHASE PRICE INCLUDES ASSUMPTION OF APPROXIMATELY $1.9 BILLION OF AEROPLAN MILES LIABILITY..AIMIA - MITTLEMAN BROTHERS HAS PROVIDED LOCK-UP AND SUPPORT AGREEMENT UNDER WHICH HAS AGREED TO VOTE IN FAVOUR OF PROPOSED TRANSACTION.AIMIA INC - TRANSACTION SUBJECT TO NEGOTIATION OF DEFINITIVE AGREEMENTS AND OTHER CONDITIONS.AIMIA INC - AGREEMENT IN PRINCIPLE WAS UNANIMOUSLY APPROVED BY AIMIA'S BOARD OF DIRECTORS AND IS SUPPORTED BY MITTLEMAN BROTHERS.AIMIA INC - MITTLEMAN BROTHERS OWNS APPROXIMATELY 17.6% OF AIMIA'S COMMON SHARES.  Full Article

Mittleman Brothers Sends Open Letter To Board Of Aimia
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Mittleman Brothers LLC::MITTLEMAN BROTHERS LLC - SENDS OPEN LETTER TO BOARD OF DIRECTORS OF AIMIA INC.MITTLEMAN BROTHERS SAYS IS AIMIA INC.'S LARGEST SHAREHOLDER WITH A 17.6% STAKE.MITTLEMAN BROTHERS-IF FAIR VALUE ISN'T "FORTHCOMING" FROM AIR CANADA-TD-CIBC-VISA GROUP,LET AEROPLAN PURSUE STRATEGY JEREMY RABE PREVIEWED ON JULY 20.MITTLEMAN BROTHERS - IF AIMIA CANNOT OBTAIN STAND-ALONE VALUE OF AEROPLAN, C$1B, MODEST CONTROL PREMIUM OF 20%, THEN WOULD PREFER AIMIA NOT SELL IT.MITTLEMAN BROTHERS SAYS AIMIA SHOULD NOT ACCEPT LESS THAN C$1 BILLION NET FOR ITS CORE ASSET.MITTLEMAN BROTHERS - POTENTIAL ONEWORLD AIRLINE ALLIANCE DEAL REVEALED ON AUG 1 & PORTER AIRLINES DEAL WOULD BOOST AEROPLAN VALUE BEYOND 2020.  Full Article

Aimia gives update on discussions with current partners regarding conditional acquisition of Aeroplan business
Friday, 3 Aug 2018 

Aug 2 (Reuters) - Aimia Inc ::UPDATE ON DISCUSSIONS WITH CURRENT PARTNERS REGARDING CONDITIONAL ACQUISITION OF AEROPLAN BUSINESS.ORIGINAL CURRENT PARTNER CONSORTIUM CASH CONSIDERATION WAS $250 MILLION, UPDATED TO $325 MILLION.AIMIA-ENGAGED IN CONSTRUCTIVE DISCUSSIONS WITH CURRENT PARTNERS, AIR CANADA, TORONTO-DOMINION BANK, CANADIAN IMPERIAL BANK OF COMMERCE, VISA CANADA CORP.AIMIA - AIMIA'S CURRENT PROPOSAL IS $450 MILLION, INCLUDING REVISED TERMS THAT REMOVE ALL UNCERTAINTY FROM DISCUSSIONS WITH CURRENT PARTNERS CONSORTIUM.HAS ENGAGED IN DISCUSSIONS WITH CURRENT PARTNERS REGARDING THEIR MOST RECENT UNSOLICITED OFFER TO ACQUIRE AEROPLAN LOYALTY PROGRAM BUSINESS.  Full Article

Td Bank Group To Acquire Greystone Managed Investments
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP TO ACQUIRE GREYSTONE MANAGED INVESTMENTS INC..TORONTO-DOMINION BANK - TD WILL ACQUIRE GCMI FOR A NET PURCHASE PRICE OF $792 MILLION, SUBJECT TO CERTAIN ADJUSTMENTS.TORONTO-DOMINION BANK - NET PURCHASE PRICE COMPRISES $730 MILLION OF ENTERPRISE VALUE, SEED CAPITAL OF ABOUT $105 MILLION AND CERTAIN OTHER NET ADJUSTMENTS.TORONTO-DOMINION BANK - PROPOSED TRANSACTION IS EXPECTED TO REDUCE TD'S CET1 ON CLOSE BY LESS THAN 10 BASIS POINTS.TORONTO-DOMINION BANK - SHAREHOLDERS OF GCMI WILL RECEIVE 30% OF NET PURCHASE PRICE IN TD SHARES WITH REMAINING BALANCE PAYABLE IN CASH CONSIDERATION.TORONTO-DOMINION BANK - ABOUT $170 MILLION OF TD COMMON SHARES ISSUED TO EMPLOYEE SHAREHOLDERS IN RESPECT OF PURCHASE PRICE WILL BE ESCROWED FOR TWO YEARS.TORONTO-DOMINION BANK - PROPOSED TRANSACTION IS EXPECTED TO REDUCE TD'S CET1 ON CLOSE BY LESS THAN 10 BASIS POINTS.TORONTO-DOMINION BANK - GREYSTONE WILL OPERATE AND SERVE CLIENTS UNDER NAME TD GREYSTONE ASSET MANAGEMENT WHILE CONTINUING TO OPERATE OUT OF REGINA.TORONTO-DOMINION - GCMI SHAREHOLDERS TO HAVE ABILITY TO ELECT UP TO INCREMENTAL 20% OF NET PURCHASE PRICE IN TD SHARES, FOR MAXIMUM OF 50% TD SHARE CONSIDERATION.TORONTO-DOMINION BANK - TD EXPECTS TO RECOGNIZE GOODWILL AND INTANGIBLES OF APPROXIMATELY $550 MILLION ON TRANSACTION.TORONTO-DOMINION BANK - TD EXPECTS TO RECOGNIZE GOODWILL AND INTANGIBLES OF APPROXIMATELY $550 MILLION ON TRANSACTION.  Full Article

TD Bank Sets Quarterly Dividend Of C$0.67Per Share
Thursday, 24 May 2018 

May 24 (Reuters) - Toronto-Dominion Bank ::SETS QUARTERLY DIVIDEND OF C$0.67PER SHARE.  Full Article

TD Bank Group Sees TD Ameritrade's Q2 Earnings Of About C$131 Mln
Monday, 23 Apr 2018 

April 23 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP SEES TD AMERITRADE'S Q2 EARNINGS TO TRANSLATE TO ABOUT CDN $131 MILLION REPORTED EQUITY IN NET INCOME OF INVESTMENT IN TD AMERITRADE FOR Q2.TD BANK GROUP - EXCLUDING CHARGES OF ABOUT C$60 MILLION AFTER-TAX, ADJUSTED EQUITY NET INCOME OF AN INVESTMENT IN TD AMERITRADE TO BE ABOUT C$191 MILLION FOR Q2.  Full Article

TD Bank Group Announces Intention To Repurchase For Cancellation Up To 20 Mln Of Its Common Shares
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP ANNOUNCES INTENTION TO REPURCHASE FOR CANCELLATION UP TO 20 MILLION OF ITS COMMON SHARES.  Full Article

PRESS DIGEST- Canada - Oct 11

Oct 11 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.