EQB: The PC Financial Purchase Isn't Fully Reflected In Its Valuation
Source: SeekingAlpha
2026-01-07 18:23:04 ET
On December 3, 2025, EQB Inc. ( EQB:CA , EQGPF) purchased PC Financial from Loblaws Co. Inc. ( L:CA ) for approximately CAD $800 million, with consideration being paid to Loblaws in cash and in shares of EQB. Should regulatory approval be received, Loblaws will own 16% of EQB, and it will become its second largest shareholder, with only Smith Financial Services (18%) having a larger stake. EQB’s share rose 12.5% on the initial news, and it has continued to climb, closing at $102.39 on January 6, 2026, versus an undisturbed price in the $87 range before the news....
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EQB: The PC Financial Purchase Isn't Fully Reflected In Its Valuation
Laurentian Bank of Canada
NASDAQ: LRCDF
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