Fairstone Bank to acquire Laurentian Bank of Canada for $1.9 billion (commercial specialty focus)
May 29, 2026
Laurentian Bank of Canada announced it is working to complete a split sale. Under the deal, Fairstone Bank will acquire Laurentian Bank for $1.9 billion, with Laurentian’s brand maintained and the focus shifting to a specialty commercial bank.
- Buyers
- Fairstone Bank of Canada
- Targets
- Laurentian Bank of Canada
- Industry
- Financial Services
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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