• About
  • Offices
  • Careers
  • News
  • Students
  • Alumni
  • Payments
  • FR
Background Image
Bennett Jones Logo
  • People
  • Expertise
  • Knowledge
  • Search
  • FR Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
View all
Practices
Corporate Litigation Regulatory Tax View all
Industries
Capital Projects Energy Funds & Finance Mining View all
Advisory
Crisis & Risk Management ESG Strategy and Solutions Governmental Affairs & Public Policy
View Client Work
International Experience
Insights News Events
New Energy Economy Series Business Law Talks Podcast Economic Outlook
ESG & the CIO Subscribe
People
Practices
Industries
Advisory Services
Client Work
About
Offices
News
Careers
Insights
Law Students
Events
Search
Alumni
Payments
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
 

Equitable Announces Agreement to Acquire Concentra Bank

February 11, 2022

Bennett Jones is acting for Equitable Bank in its agreement to acquire a majority interest in Concentra Bank and Equitable Group's concurrent $200-million bought deal offering of subscription receipts. Concentra is the 13th largest Schedule I bank in Canada. Based on Concentra's book value of $11.3 billion in assets at November 30, 2021, the acquisition would result in a total purchase price of $470 million, subject to customary adjustments at the time of closing. Equitable Bank is expected to become the 7th largest Canadian-owned bank by assets.

Equitable's internal legal team is led by Michael Mignardi, Equitable's General Counsel. The Bennett Jones team is led by Suzana Lobo and John Teolis and includes Curtis Cusinato, Jeff Kerbel, Matthew Hunt, Gordon McKenna, Adam Kalbfleisch, Jessica Thrower, Nusrat Ali, Benjamin Gal and Tyler McAuley. This matter also included the following specialists: Talia Bregman, Jeilah Chan, Carl Cunningham and Susan Seller. 

More information is available in Equitable Bank's news release on the transaction.

How Sustainable is the Government of Canada's Current Fiscal Plan?

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • Mergers & Acquisitions

Recent Posts

Announcements

Gillian McCormack Appointed to Board of Directors of Canadian Global Affairs Institute

March 27, 2023
       

Announcements

Bennett Jones Partner Will Osler Appointed President and Chair of the Calgary Stampede

March 27, 2023
       

Announcements

Stoneway Shortlisted for Latin Lawyer Deal of the Year Award

March 24, 2023
       

In The News

Home is Where Risk is When Carrying on (Insurance) Business: Law360

March 20, 2023
       

In The News

Martin Ignasiak on Blueberry River First Nations Implementation Agreement in Financial Post

March 20, 2023
       

Speaking Engagements

Construction Law Development and Trends 2023

March 16, 2023
       

Announcements

Bennett Jones a Top Employer in Alberta for 13 Years in a Row

March 13, 2023
       

In The News

John Manley on Tough Choices in Canada's 2023 Budget

March 09, 2023
       

Speaking Engagements

Practice Foundations: Wills

March 09, 2023
       
Bennett Jones Centennial Footer
Bennett Jones Centennial Footer
About
  • Leadership
  • Diversity
  • Community
  • Innovation
  • Security
  • History
Offices
  • Calgary
  • Edmonton
  • Montréal
  • Ottawa
  • Toronto
  • Vancouver
  • New York
Connect
  • Insights
  • News
  • Events
  • Careers
  • Students
  • Alumni
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
© Bennett Jones LLP 2023. All rights reserved.
  • Privacy Policy
  • Disclaimer
  • Terms of Use
Logo Bennett Jones