Nelnet Completes Acquisition of Finastra’s Canadian Student Loan Servicing Business

Reuters

Feb 03

Nelnet Completes Acquisition of Finastra’s Canadian Student Loan Servicing Business

Nelnet, Inc., together with its wholly owned subsidiary Nelnet Canada, Inc., has completed the acquisition of Finastra Holdings Limited's Canadian student loan servicing business. The total consideration for the deal was CAD $130.5 million (approximately USD $95 million) in cash, subject to customary adjustments. The acquisition was completed on February 2, 2026, following a definitive purchase agreement signed on October 22, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nelnet Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001258602-26-000006), on February 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The total consideration for the deal was CAD $130.5 million (approximately USD $95 million) in cash, subject to customary adjustments. The acquisition was completed on February 2, 2026, following a definitive purchase agreement signed on October 22, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nelnet Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001258602-26-000006), on February 02, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4166","symbol_name":"消费信贷","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260202:nNDL5vC4T8:1","article_id":"2608901818","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608901818","pubTimestamp":1770066871,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Nelnet, Inc., together with its wholly owned subsidiary Nelnet Canada, Inc., has completed the acquisition of Finastra Holdings Limited's Canadian student loan servicing business. The total consideration for the deal was CAD $130.5 million  in cash, subject to customary adjustments. The acquisition was completed on February 2, 2026, following a definitive purchase agreement signed on October 22, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nelnet Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on February 02, 2026, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4166":"消费信贷","NNI":"Nelnet Inc Cl A"},"translate_title":"Nelnet完成对Finastra加拿大学生贷款服务业务的收购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NNI":0.9},"content_text":"Nelnet Completes Acquisition of Finastra’s Canadian Student Loan Servicing Business\n    \n\n        Nelnet, Inc., together with its wholly owned subsidiary Nelnet Canada, Inc., has completed the acquisition of Finastra Holdings Limited's Canadian student loan servicing business. The total consideration for the deal was CAD $130.5 million (approximately USD $95 million) in cash, subject to customary adjustments. The acquisition was completed on February 2, 2026, following a definitive purchase agreement signed on October 22, 2025.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nelnet Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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