Investor Relations

Acquisition History 2004

In 2004, TD Bank Group (TD) looked beyond investing in the organic growth of our existing businesses and in August this year, announced a deal to acquire 51% of Portland, Maine-based Banknorth Group, Inc. This acquisition significantly increased TD’s personal and commercial banking footprint in the United States. TD also announced the acquisition of the Canadian personal lines property and casualty operations of Boston-based Liberty Mutual Group. The acquisition made Meloche Monnex Canada’s largest direct-response property and casualty insurer and one of the country’s top four property and casualty insurers in personal lines.

Date
Announced

Date
Completed

Details

Acquisition of Banknorth Group, Inc. (51% Interest)

August 26, 2004

March 1, 2005

Acquisition of Insurance business from Liberty Mutual Group

January 20, 2004

April 1, 2004


Additional Acquisition Histories


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