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New Deal

New Deal

Announced

24 Oct 2016

Completed

18 Sep 2017

TD Bank to acquire Scottrade Bank from Scottrade Financial Services.

Financials

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Transaction Value-

Consideration Type-

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Scottrade Bank

bidder

Td Bank Group

Sources

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Press Release

TD Bank - 18 Sep 2017

Press Release

TD Bank - 24 Oct 2016

Tags

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Acquisition

Natural

Diversified Financials

Completed

brokerage

Private

Single Bidder

United States

Synopsis

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TD Bank has agreed to acquire Scottrade Bank, a federal savings bank from Scottrade Financial Services, banking services provider. Financial terms were not disclosed.

Service Providers (1)

Dealmakers

legal advisors

Simpson Thacher & Bartlett

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