Possible Bank Merger: Banknorth, TD Bank are in talks
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Canada&#39;s TD Bank Financial Group says it&#39;s discussing a &quot;possible transaction&quot; with Portland, Maine-based Banknorth Group.
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Toronto Dominion Bank (TD.TO), Canada's second-biggest by assets, said on Thursday it would acquire a majority stake of U.S.-based Banknorth Group Inc. (BNK.N), while also boosting its dividend and reporting a 17-percent rise in profits.
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TORONTO - TD Bank confirmed Wednesday it is negotiating a possible deal that could see it buy a stake in Banknorth Group Inc. of Maine.
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Emirates Bank International and National Bank of Dubai discuss a merger to create the Gulf's largest bank by assets and market value.
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The owners of the Northern Bank have confirmed for the first time that it may be on the market. The National Australia Bank has said it will consider selling its operations on both sides of the Irish border.
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Banknorth Group of Maine confirmed yesterday that it was in merger talks with TD Bank Financial Group of Canada, a move that would end Banknorth's short reign as New England's largest independent bank.
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Telecommunications companies Swisscom AG and Telekom Austria AG are in talks over a possible merger, Swisscom said.
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Banknorth Group Inc. of Portland and TD Bank Financial Group of Toronto announced a merger Thursday that gives Banknorth money to expand while setting the stage
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The battle to take over Canada&#39;s  biggest telephone company, BCE Inc. , may not be over  yet, with other suitors saying they are considering their  options, The Globe and Mail reported on Monday.
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NEW YORK : Toronto-Dominion Bank said it would pay 3.8 billion dollars for a controlling stake in Maine-based Banknorth Group as the Canadian lender moved to take its first foothold in US branch banking.
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Toronto Dominion Bank will acquire 51 percent of US-based Banknorth Group Inc. in a $3.8 billion cash and stock deal that will allow TD to expand its reach in the Northeastern United States, TD said Thursday.
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When, where: 7 p.m., TD Banknorth Garden. TV, radio: Versus, WBZ (1030).
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A number of banks have eyed up a takeover move for Northern Rock -  but no deal looks likely soon, the BBC learns.
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A preferred buyer for the National Irish and Northern banks is expected to be announced by their parent this morning. National Australia Bank is due to make an announcement to the stock exchanges in Melbourne and London.
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TD Bank Financial Group and Banknorth Group Inc. said Thursday that they signed a definitive agreement for the Canadian bank to purchase a 51 percent stake in Portland, Maine-based Banknorth for about $3.
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Business & money: Government tells two groups bidding for Northern Rock to improve their offers or see bank nationalised
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Canada&#39;s TD Bank Financial Group is discussing &quot;a possible transaction&quot; with the Northeast regional bank Banknorth Group Inc.