Birch Hill and Brookfield to acquire First National Financial for $2.9 billion

First National Financial

28/07/2025 02:41

Corrects currency to Canadian dollars from USD in headline, paragraph 1

July 27 (Reuters) - First National Financial FN.TO said on Sunday that it has reached an agreement to be acquired by Birch Hill Equity partners and asset manager Brookfield Asset Management BAM.TO in a deal valuing the company's equity at C$2.9 billion ($2.12 billion).

($1 = 1.3692 Canadian dollars)

 (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((Gnaneshwar.Rajan@thomsonreuters.com;))