EQB to acquire PC Financial from Loblaw for $800 million

Investing.comWednesday, December 3, 2025 at 10:13:22 PM
EQB to acquire PC Financial from Loblaw for $800 million
  • EQB has announced its intention to acquire PC Financial from Loblaw for a total of $800 million. This acquisition is part of EQB's strategy to expand its financial services offerings and enhance its market presence.
  • The acquisition of PC Financial is significant as it allows EQB to diversify its portfolio and potentially increase its customer base. This move may strengthen EQB's competitive position in the financial services sector, reflecting a growing trend of consolidation in the market.
— via World Pulse Now AI Editorial System

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EQB to acquire PC Financial from Loblaw for about $800M
PositiveFinancial Markets
EQB, Canada's seventh-largest bank, has announced its agreement to acquire PC Financial from Loblaw for approximately $800 million, marking a significant shift in the Canadian financial landscape. This acquisition is part of EQB's broader strategy to enhance its financial services offerings and market presence.