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Home Capital Group Inc T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Home Capital Group Inc
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Post by PressReleaseon Aug 15, 2022 7:03am
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Post# 34895893

New Press Release - Home Capital Announces Receipt of Unsolicited Non-Binding Expression of Interest That the Board Has Concluded Is Not in the Best Interests of the Company or Its Shareholders

New Press Release - Home Capital Announces Receipt of Unsolicited Non-Binding Expression of Interest That the Board Has Concluded Is Not in the Best Interests of the Company or Its Shareholders
After review, the Board of Directors, in consultation with its legal and financial advisors, has determined that the Non-Binding Expression of Interest does not reflect the value of Home Capital and is not in best interests of Home Capital or its shareholders The Company intends to proceed with...read article.
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