Nelnet completes CAD $130.5M acquisition of Finastra's Canadian student loan business

NELNET INC

Total cash consideration CAD $130.5M (~USD $95M) for Finastra's Canadian student loan servicing business.
Acquisition completed by Nelnet Canada, wholly owned subsidiary, on February 2, 2026.
Deal previously disclosed in October 2025 8-K; now closed subject to customary adjustments.
Nelnet expands its Canadian student loan servicing footprint.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.