National Money Mart Company Inc. entered into a binding agreement to acquire a portion of business and assets from The Cash Store Financial Services, Inc..

National Money Mart Company Inc. entered into a binding agreement to acquire a portion of business and assets from The Cash Store Financial Services, Inc. (TSX:CSF) on October 9, 2014. FTI Consulting Canada Inc. has determined that the bid submitted by Money Mart was the most favourable bid received. The transaction is subject to court approval in Canada, certain regulatory approvals and the satisfaction of certain closing conditions.

The transaction is expected to close in by end of 2014 or early 2015. As on October 15, 2014, the Ontario Superior Court of Justice has approved the binding agreement. Rothschild Inc. acted as a financial advisor to Cash Store Financial Services.

William Aziz of Blue Tree Advisor acted as an advisor while Joel Shaffer of Longview Communications acted as public relations advisor in the transaction. As on January 9, 2015, Canadian Competition Bureau approved the transaction. Houlihan Lokey acted as financial advisor to ad hoc Committee of senior secured noteholders.