S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX Canadian Dividend Aristocrats Index

TORONTO, Jan. 29, 2025 /CNW/ - The shareholders of National Bank of Canada (TSX:NA.TO) and Canadian Western Bank (TSX:CWB.TO) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Canadian Western Bank will be exchanged for 0.45 shares of National Bank of Canada.