Axis Auto Finance Inc (TSE:AXIS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Axis Auto Finance Inc. has entered into an asset purchase agreement with Fionic Canada Ltd., involving the sale of its auto finance business for approximately $114 million. The transaction is subject to shareholder approval, with a meeting expected in December, and has been unanimously deemed fair by the company’s board and special committee.
For further insights into TSE:AXIS stock, check out TipRanks’ Stock Analysis page.
