Better Home & Finance Announces Progress Toward Sale of Birmingham Bank
NEW YORK–(BUSINESS WIRE)—- $BETR #BETR–Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better,” the “Company,” “we,” our” or “us”) today announced progress toward the proposed sale of its wholly owned subsidiary, Birmingham Bank Limited (“Birmingham Bank”), to a buyer consortium. The buyer consortium has escrowed £10 million related to the transaction. The transaction remains subject to regulatory approval and definitive documentation, as well as satisfaction of customary closing conditio