Powered by

Fairstone Financial Holdings Inc. to be Acquired by Duo Bank of Canada

Feb 19, 2020 - PR Newswire
Mergers and Acquisitions-Donations and Philanthropy-Partnership Announcement

PR Newswire

Combination will create market-leading financial services company with over $4 billion in receivables

 Duo Bank of Canada ("Duo Bank"), a Toronto-based financial services provider supported by Stephen Smith, Centerbridge Partners L.P. and Ontario Teachers' Pension Plan ("Ontario Teachers'"), has reached a definitive agreement to purchase all outstanding shares of Fairstone Financial Holdings Inc. ("Fairstone" or "the Company"), which includes all operating subsidiaries, ...