Acquiring Company
Fairstone Bank of Canada
Acquired Company
Laurentian Bank of Canada
CanadaMontrealFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceLendingBankingDescription
Fairstone completed its acquisition of all Laurentian Bank common shares for $40.50 each, or about $1.8B in aggregate. National Bank of Canada also completed its acquisition of Laurentian Bank's retail and SME banking portfolios, valued at about $3.7B in assets and $8.0B in liabilities. Laurentian Bank's common shares are expected to be delisted on November 3, 2026.
Who to call at Fairstone Bank of Canada, and when
When Fairstone Bank of Canada changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Laurentian Bank of Canada?
Laurentian Bank of Canada was acquired by Fairstone Bank of Canada, based in Canada. The deal was reported on November 2, 2026. Fairstone Bank of Canada is a financial institution specializing in personal loans and financing solutions. The bank focuses on providing accessible credit options to consumers. Fairstone Bank of Canada is privately held and operates in Financial Services.
When did Fairstone Bank of Canada acquire Laurentian Bank of Canada?
Fairstone Bank of Canada's acquisition of Laurentian Bank of Canada was reported on November 2, 2026. Fairstone completed its acquisition of all Laurentian Bank common shares for $40.50 each, or about $1.8B in aggregate. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Laurentian Bank of Canada do?
Laurentian Bank is a Schedule I bank in Canada, providing a diverse range of financial services and advice-based solutions. It is privately held, operating in Financial Services, and is based in Montreal.
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