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via financialpost.comCapital Markets

CIBC provides largest LBO financing for Wittington's acquisition of Boots

FROM THE WIRE · FINANCIALPOST.COM

Canadian Imperial Bank of Commerce is providing most of the financing to support Wittington Investments’ acquisition of Boots. Read on

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralSignificant leveraged buyout transaction in retail sector with major bank financing.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Canadian Imperial Bank of Commerce provides most of the financing for the acquisition.
  2. 02Wittington Investments is acquiring Boots through a leveraged buyout transaction.
  3. 03This represents CIBC's largest LBO financing to date.

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