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10/22/2024 /M & A

Axis Auto Finance Inc. Announces Acquisition of Auto Loan Assets and Undertaking by Fionic Canada Ltd.

Axis Auto Finance Inc. reveals the acquisition of auto loan assets and undertaking by Fionic Canada Ltd. for approximately $114,000,000. The Company prepares for shareholder and debenture holder approvals while receiving confirmation of support from its funding syndicate.

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