Ontario Teachers' acquiring reverse mortgage lender, OMERS financing EV battery manufacturer : vimarsana.com

Ontario Teachers' acquiring reverse mortgage lender, OMERS financing EV battery manufacturer

The Ontario Teachers’ Pension Plan is acquiring the parent company of a Canadian reverse mortgage provider. The pension fund is buying HomeQ Corp., which owns the HomeEquity Bank, from Birch Hill Equity Partners Management Inc. and several minor shareholders. While the financial details of the acquisition weren’t disclosed, a press release noted it’s part of the […]

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