First National Financial Corporation has received final court approval for its previously announced acquisition by a newly formed vehicle controlled by private equity funds managed by Birch Hill Equity Partners Management Inc. and Brookfield Asset Management. Under the terms, all outstanding common shares of First National-except those held by founders Stephen Smith and Moray Tawse and their affiliates-will be acquired for $48.00 per share in cash. The company reports that shareholders overwhelmingly approved the transaction at a recent special meeting. Completion of the deal remains subject to clearance under the Competition Act (Canada) and other customary closing conditions, with closing anticipated in October 2025.