Acquiring Company
Equitable Group
Acquired Company
PC Financial
New York
TorontoFinancial ServicesFinanceLendingBankingFinancial ServicesLendingBankingDescription
Equitable Group Inc. has completed the acquisition of PC Financial, significantly expanding its customer base and revenue streams. The deal has integrated over 4 million clients and boosted EQB's retail deposits to $10.8 billion. The integration is progressing well, with cost savings already realized and expected future synergies. This acquisition positions EQB for enhanced competitive advantage in Canadian retail financial services.
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Based on deal dataFrequently asked
Who acquired PC Financial?
PC Financial was acquired by Equitable Group, based in New York. The deal was reported on August 28, 2026. Equitable Group Inc. is a Canadian bank that focuses on providing financial services to individuals and businesses. Equitable Group is publicly traded (EQH) and operates in Financial Services.
When did Equitable Group acquire PC Financial?
Equitable Group's acquisition of PC Financial was reported on August 28, 2026. Equitable Group Inc. has completed the acquisition of PC Financial, significantly expanding its customer base and revenue streams. The deal has integrated over 4 million clients and boosted EQB's retail deposits to $10.8 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PC Financial do?
PC Financial is a financial services brand that offers banking solutions and credit products. It was created by Loblaw Companies Limited as part of its strategy to enhance customer loyalty among its shoppers. It is privately held, operating in Financial Services, and is based in Toronto.
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