Inactive Instrument

Cowen Inc.

COWN

US2236226062

Investment Banking & Brokerage Services

Canada's TD Bank to buy U.S. brokerage Cowen in $1.3 billion deal

August 02, 2022 at 06:49 am EDT

(Reuters) - Canadian lender Toronto Dominion Bank will buy U.S. brokerage Cowen in a $1.3 billion all-cash deal, the companies said on Tuesday.

(Reporting by Manya Saini in Bengaluru; Editing by Aditya Soni)

Latest news about Cowen Inc.

DermTech, Inc. Engages TD Cowen to Conduct Process Exploring Strategic Alternatives to Maximize Stockholder Value	Apr. 18	CI
Marex Group plc completed the acquisition of Legacy prime brokerage and outsourced trading business of TD Cowen.	Nov. 30	CI
Talis Biomedical Announces Exploration of Strategic Alternatives	Nov. 13	CI
The management and the current Partners of the Cowen Europe Group acquired Continental European investment banking business from TD Cowen.	Oct. 31	CI
Marex Group plc agreed to acquire Legacy prime brokerage and outsourced trading business of TD Cowen.	23-09-21	CI
Homology Medicines Announces Plan to Evaluate Strategic Options	23-07-26	CI
Marco Capital Holdings Limited and Humboldt Re Limited acquired Kelvin Re Limited.	23-07-09	CI
Boxed, Inc. Contemplates Bankruptcy	23-03-14	CI
Cowen Inc.(NasdaqGS:COWN) dropped from S&P Capital Markets Select Industry Index	23-03-02	CI
Cowen Inc.(NasdaqGS:COWN) dropped from S&P TMI Index	23-03-02	CI
Cowen Inc.(NasdaqGS:COWN) dropped from S&P Global BMI Index	23-03-02	CI
TD Bank Group Brief: TD Completes Acquisition of Cowen Inc.; Comes As Approval of First Horizon Deal "In Doubt" says Canada's BNN Bloomberg TV	23-03-01	MT
Cowen Inc.(NasdaqGS:COWN) dropped from NASDAQ Composite Index	23-03-01	CI
Cowen Inc.'s Equity Buyback announced on July 11, 2011, has expired.	23-02-28	CI
TD Securities Inc. completed the acquisition of Cowen Inc. from a group of shareholders.	23-02-28	CI
Canaccord's special committee does not approve management-led C$1.13 billion buyout offer	23-02-27	RE
TSX snaps losing streak as energy and financials rally	23-02-24	RE
Toronto-Dominion Bank Receives Regulatory Approval to Acquire Cowen	23-02-24	MT
Canada's TD gets regulatory nod for $1.3 billion purchase of Cowen	23-02-24	RE
TD Bank Group Says Received Regulatory Approval to Acquire Cowen Inc.	23-02-24	MT
Toronto-Dominion Bank Gets Regulatory Go-Ahead for Cowen Merger	23-02-24	DJ
TD Bank Group Brief: Says Received Regulatory Approval to Acquire Cowen Inc.	23-02-24	MT
Cowen Group's Q4 Adjusted Earnings Drop, Revenue Declines	23-02-17	MT
Tranche Update on Cowen Inc.'s Equity Buyback Plan announced on July 11, 2011.	23-02-17	CI
Earnings Flash (COWN) COWEN Reports Q4 Revenue $331.5M, vs. Street Est of $342.9M	23-02-17	MT

Cowen Inc. is a diversified financial services firm, which provides investment banking, research, sales and trading, prime brokerage, global clearing, securities financing, commission management services, and investment management. The Company operates through its two segments: the Operating Company (Op Co) and the Asset Company (Asset Co). The Op Co segment consists of four divisions: the Cowen Investment Management (CIM) division, the Investment Banking division, the Markets division and the Research division. CIM division includes advisers to investment funds and registered funds. The Company refers to the Investment Banking division, the Markets division and the Research division collectively as its investment banking businesses. The Asset Co segment consists of the Company's private investments, private real estate investments and other legacy investment strategies. The focus of Asset Co is to drive future monetization of the invested capital of the segment.

Sector

Investment Banking & Brokerage Services

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

More about the company

Sector Other Investment Banking & Brokerage Services

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Other Investment Banking & Brokerage Services

Cowen Inc.

Equities

COWN

US2236226062

Investment Banking & Brokerage Services

Canada's TD Bank to buy U.S. brokerage Cowen in $1.3 billion deal

Latest news about Cowen Inc.

Chart Cowen Inc.

Company Profile

Sector Other Investment Banking & Brokerage Services