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RFA Capital Holdings completes acquisition of Street Capital

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Street Talk – Episode 69: Banks left with pockets full of cash and few places to go


RFA Capital Holdings completes acquisition of Street Capital

RFA Capital Holdings Inc. completed its acquisition of Street Capital Group Inc.

Under the terms of the deal, RFA Capital acquired all issued and outstanding common shares of Street Capital for consideration of 68 Canadian cents per share in cash for an aggregate purchase price of approximately C$83 million.

As a result of the transaction, Street Capital will be delisted from the Toronto Stock Exchange, and it will apply to cease to be a reporting issuer in every province of Canada in which it is a reporting issuer.