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ARTIS AND RFA CAPITAL COMPLETE ARRANGEMENT TRANSACTION
ARTIS AND RFA CAPITAL COMPLETE ARRANGEMENT TRANSACTION Canada NewsWire ...
About this update from Rfa Financial Inc.
[{"type":"text","content":"\n\n\nARTIS AND RFA CAPITAL COMPLETE ARRANGEMENT TRANSACTION\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\n\n\nWINNIPEG, MB, Feb. 2, 2026 /CNW/ - Artis Real Estate Investment Trust (\"Artis\" or the \"REIT\") (TSX: AX.UN) and RFA Financial Inc. (\"RFA\" and previously RFA Capital Holdings Inc.) are pleased to announce the successful completion of their combination by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) and The Trustee Act (Manitoba) (the \"Arrangement\"), pursuant to which RFA acquired all of the outstanding common units, Series E preferred units and Series I preferred units of Artis.\nWith the completion of the Arrangement, RFA becomes a scaled, growth‑oriented Canadian financial services platform centred on a federally regulated Schedule I bank and a leading prime and alternative mortgage origination and servicing business, supported by a high‑quality commercial real estate portfolio. The combined platform is expected to provide stable and growing earnings with a sustainable dividend profile and multiple avenues for value creation through disciplined capital rotation from real estate into higher‑returning financial services investments.\n\"We are very pleased to confirm the successful closing of this transformative transaction,\" said Samir Manji, Executive Chair of the Board of Directors of RFA Financial. \"Bringing RFA and Artis together marks a significant strategic milestone for our organization and our unitholders. This combination provides our unitholders with meaningful exposure to Canada's financial services sector and a rare opportunity to participate in the continued expansion and scaling of a Schedule I bank. We are confident that this new platform will deliver long-term value, and we appreciate the ongoing support of our stakeholders as we begin this next chapter.\"\n\"With the successful completion of this transaction, we have reached a pivotal milestone for both organizations,\" said Ben Rodney, President and Chief Executive Officer of RFA Financ...