TD Bank Funds $3.8 Billion in BCE Takeover

Bloomberg, Sean B. Pasternak & Frederic Tomesco, 17 July 2007Toronto-Dominion Bank said it agreed to provide C$3.8 billion ($3.64 billion) in financing for the proposed takeover of BCE Inc. by investors that include the Ontario Teachers' Pension Plan.Canada's third-biggest bank will lend C$3.3 billion and buy C$500 million in BCE stock, in the largest private-equity financing ever for the