Fairstone Completes Acquisition of Laurentian Bank for $1.8B
Fairstone acquired all Laurentian Bank common shares for $40.50 each. NBC also completed its purchase of certain retail and SME portfolio assets and assumed related liabilities.
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01:31:30 PM UTC
SquawkNews
Fairstone completed its acquisition of all Laurentian Bank common shares for $40.50 each, or approximately $1.8B in aggregate. NBC also completed its acquisition of Laurentian Bank's retail and SME banking portfolios, valued at approximately $3.7B in assets and $8.0B in liabilities.Material Details…
01:32:46 PM UTC
SquawkNews
National Bank of Canada übernimmt Privatkunden- und KMU-Portfolios von Laurentian Bank National
Fairstone completed its acquisition of all Laurentian Bank common shares for $40.50 each, or approximately $1.8B in total. NBC completed its purchase of certain retail and SME portfolio assets and assumption of related liabilities.Material DetailsContext by AI AnalystThis is the closing of previous…