The Canadian Press on MSN

EQB to acquire PC Financial from Loblaw for about $800M

EQB Inc., the company behind digital EQ Bank, is paying $800 million in shares and cash in a deal that will see Loblaw take ...
Progressive Grocer

The Loblaw-EQB Deal: Why a Grocery Giant Partnered With a Bank

Acquisition allows Canadian food retailer to focus on core retail business while positioning its PC Financial products for ...

EQB redefines challenger banking in Canada with agreement to acquire PC Financial from Loblaw, delivering transformational benefits for Canadians

EQB Inc. ("EQB") (TSX: EQB) and Loblaw Companies Limited ("Loblaw") (TSX: L) announced today that they have entered into a ...

EQB to Buy PC Financial From Loblaw for About $573.5M

EQB Inc. entered into an agreement to acquire President's Choice Bank, PC Financial Insurance Brokers and other affiliated entities from Loblaw.
Retail Insider

EQB enters into agreement to acquire PC Financial from Loblaw

EQB will acquire PC Financial's products and services, including the PC Mastercard™ portfolio – one of the largest and most ...
finanzen.at

EQB To Acquire PC Financial And Partner With Loblaw On PC Optimum Program

EQB Inc. (EQB.TO) and Loblaw Companies Limited (L.TO) announced that they have entered into a definitive agreement under which EQB ...

EQ Bank to buy PC Financial from Loblaw in estimated $800-million deal

EQB, the parent company of Equitable Bank, will acquire President’s Choice Bank, PC Financial Insurance Agency Inc., PC ...
Wealth Professional

EQB eyes larger slice of banking pie with acquisition of Loblaw's financial business

The challenger bank will gain access to millions of new customers, $5.8 billion in assets as it aims to away from a tough ...
Seeking Alpha

Loblaw: Recent Run Up Has Made It Overvalued

Loblaw is a dominant, resilient Canadian grocer with strong private label brands and a growing financial services segment, but faces rising competition and regulatory scrutiny. The stock is up 44% in ...