TORONTO, Nov. 1, 2022 /CNW/ - Equitable Bank (the "Bank", "Canada's Challenger Bank™" or "Equitable"), a wholly owned subsidiary of EQB Inc. ("EQB") (TSX: EQB) (TSX: EQB.PR.C), today announced it has completed the acquisition of Concentra Bank (the "Acquisition") for a premium of $35.7 million to its $459.7 million book value of common equity, subject to final standard closing purchase price adjustments.
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