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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Mahindra Group and Ontario Teachers Pension Plan Board have listed their Infrastructure Investment Trust (InvIT) in the renewable energy sector. The InvIT - Sustainable Energy Infra Trust (SEIT) raised a primary capital of Rs. 1365 crore ($165 million) as part of the initial offer of units. The offer was subscribed by global and Indian investors, including Asian Infrastructure Investment Bank (AIIB).