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Fairstone expands its auto lending business with the acquisition of Eden Park, positioning the Company as a leader in the fast-growing near-prime automobile financing industry in Canada.
MONTREAL and TORONTO, Sept. 6, 2022 /CNW Telbec/ – Fairstone Bank of Canada (“Fairstone Bank”), through its wholly owned operating subsidiary, Fairstone Financial Inc. (“Fairstone” or “the Company”), confirmed today the closing of the transaction announced on April 6, 2022thereby concluding Fairstone’s acquisition of all of the issued and outstanding shares of Eden Park Inc. (“Eden Park”), an Ontario-based company offering automobile financing to near-prime consumers across Canada.
Full story available on Benzinga.com
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