11:49 AM EST - CIBC : Has completed the acquisition of Chicago-based PrivateBancorp, Inc. and its subsidiary, The PrivateBank. Based on the closing price on the New York Stock Exchange of CIBC's common shares on June 22, 2017 of $80.95 U.S., the total transaction value is approximately $5.0 billion U.S. and will be paid with approximately $2.4 billion U.S. in cash and approximately 32.3 million CIBC shares. CIBC expects the transaction will be accretive to earnings per share within three years. CIBC
shares T.CM are trading up $0.56 at $107.62.
