Smith Financial Corporation Acquires Home Capital Group Inc
November 21, 2022
Smith Financial Corporation entered into a definitive court-approved plan of arrangement to acquire all outstanding shares of Home Capital Group Inc that it did not already own for $44.00 cash per share (subject to an increase based on deal timing). The arrangement closed after May 20, 2023, raising the consideration to $44.28 per share.
- Buyers
- Smith Financial Corporation
- Targets
- Home Capital Group Inc.
- Industry
- Financial Services
- Location
- Canada
- Transaction Type
- Buyout
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