The Toronto Stock Exchange reports that the common shares of First National Financial Corp. (symbol FN) will be delisted at the close on Oct. 23, 2025. According to the TSX, Regal Bidco Inc., a newly formed acquisition vehicle controlled by private equity funds managed by Birch Hill Equity Partners Management Inc. and private equity funds managed by Brookfield Asset Management, acquired all of the issued and outstanding common shares of the company, pursuant to the terms of an arrangement agreement entered into between the company and the purchaser on July 27, 2025. The arrangement was approved by holders of common shares at a special meeting held on Sept. 30, 2025.

The TSX reports that shareholders, other than rollover shareholders in respect of the rollover shares, will receive $480 in cash for each common share held. To receive the consideration, shareholders must return the letter of transmittal together with share certificates and/or DRS advices representing the shares to Computershare Investor Services Inc. at its principal office in Toronto.

The TSX notes that all of the issued and outstanding Class A preference shares, Series 1 (symbol FN.PR.A), and cumulative floating rate Class A preference shares, Series 2 (symbol FN.PR.B), shall remain outstanding in accordance with their existing terms. The Class A preference shares will continue to be listed and posted for trading on the TSX under their current symbols and Cusip numbers, and the company will continue to be a reporting issuer under applicable Canadian securities laws.