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Fairstone Bank and Home Trust to Merge, Creating the Leading Alternative Lender in Canada

Fairstone Bank of Canada ("Fairstone Bank") and Home Trust Company ("Home Trust") today announced the signing of a definitive agreement to merge their respective businesses. This transaction will create the leading alternative lender in Canada and boast an extensive Canadian footprint servicing more than 2 million customers with more than 250 branches from coast to coast. The combined business will offer diversified product lines, including residential and commercial mortgages, personal loans, c ....

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Ontario Teachers' adding partner to oversee container company, Caisse water solutions investment going private

The Ontario Teachers’ Pension Plan is partnering with an infrastructure investment company to oversee its container firm SeaCube Container Leasing. The pension fund will enter into a co-control structure agreement with Wren House Infrastructure Management Ltd., which bought an equity stake in the Bermuda-based container operator. The financial details of the partnership haven’t been disclosed. […] ....

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