EQB Inc.’s stock rose the most in more than a year after the Canadian lender agreed to buy the banking portfolio of the country’s largest supermarket chain.
EQB Inc.’s stock rose the most in more than a year after the Canadian lender agreed to buy the banking portfolio of the country’s largest supermarket chain.
A shopper exits a Loblaw Cos. grocery store in Toronto, Ontario, Canada, on Tuesday, April 30, 2019. Loblaw's underappreciated ability to manage costs will help it weather profitability challenges in Canada's highly competitive food and drug retail markets.
Canadian lender EQB Inc. is buying the banking division of the country’s largest supermarket chain to boost its deposit and credit card businesses.
Shoppers browse produce at a Loblaw Cos. grocery store in Toronto, Ontario, Canada, on Tuesday, April 30, 2019. Loblaw's underappreciated ability to manage costs will help it weather profitability challenges in Canada's highly competitive food and drug retail markets.