Why data is the ‘oil’ of modern M&A
Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
Latest
TD Bank Group snaps up Cowen Inc. in $1.3bn takeover
Post-closing, parts of the combined business will be known as TD Cowen, a division of TD Securities.
By TTC Newsroom
3 Mins
August 02, 2022 | 11:18 PM BST
Bharat Masrani, Group President and CEO, TD Bank Group. Source: TD
TD Bank Group (TD) (TSX: TD) and (NYSE: TD) and Cowen Inc. (Cowen) (NASDAQ: COWN) have entered into a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock.
Premium Article
Subscribe free for unlimited premium access to The Tech Capital.com
More From
3 Mins|August 16, 2022
2 Mins|August 15, 2022
2 Mins|August 15, 2022
Related Articles
AMP Capital Investors ups stake in Equinix as market watchers bullish in data centre REIT
Australian investment manager AMP Capital Investors has considerably increased its stake in data ce...
France’s iliad Group lands $5bn in financing from 23 international banks
The iliad Group has placed three bank financing facilities, representing an aggregate €5 billion ...
High net worth individuals’ investment in PE to top $1.2tr by 2025
High net worth individuals (HNWIs) are expected to increase their capital commitments to private eq...
deVere CEO declares investors’ appetite for risk is back
Appetite for risk is back amongst investors and the riskier parts of the stock market ecosystem are...
9 in 10 financial institutions to be on the cloud by 2023
Banks and other financial service industry (FSI) businesses are migrating to the cloud at record ra...
Bank of New York Mellon sells data centre to Stro Cos
The Bank of New York Mellon Corporation (BNY Mellon) has sold a 141,000 sq ft data centre and offic...