BUZZ-First Savings Financial jumps on $241 million buyout deal with First Merchants

Reuters
2025/09/25
BUZZ-First Savings Financial jumps on $241 million buyout deal with First Merchants

** Community lender First Savings Financial Group's FSFG.O shares jump 17.9% to $32.63

** Regional lender First Merchants FRME.O will buy FSFG in a $241.3 million all-stock deal, the banks say

** Deal will create a combined bank with over $20 billion in assets and bolster FRME's Indiana deposit network

** FSFG shareholders will receive 0.85 share of FRME for each share held, valuing the bank at $33.60 apiece

** Deal represents a 21.4% premium to stock's last close and is expected to close in Q1 2026

** As of last close, FSFG stock up 4.2% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10