热门资讯> 正文
大西洋联盟将以16亿美元收购桑迪泉
2024-10-21 18:33
- Atlantic Union Bankshares (NYSE:AUB) to acquire Sandy Spring Bancorp (NASDAQ:SASR) in an all-stock transaction valued at ~$1.6B.
- Sandy Spring (SASR) common stock will be converted into the right to receive 0.900 shares of Atlantic Union (AUB) common stock. This values the transaction at ~$34.93 per Sandy Spring (SASR) common share, based on Atlantic Union’s closing stock price on October 18, 2024.
- Sandy Spring (SASR) is headquartered in Maryland and has $14.4B in assets, $11.7B in total deposits and $11.5B in total loans as of September 30, 2024. The combined company will have pro forma total assets of $39.2B, total deposits of $32B and gross loans of $29.8B.
- Transaction expected to close in Q3 2025.
- Sandy Spring Bancorp (SASR) stock gained 3% on Monday during pre-market hours of trading.
More on Atlantic Union Bank
- Atlantic Union Bankshares: Quality Bank In Growth Mode
- Atlantic Union Bankshares Corporation (AUB) Q2 2024 Earnings Call Transcript
- Sandy Spring Bancorp stock gains after report of preliminary takeover talks
- Seeking Alpha’s Quant Rating on Atlantic Union Bank
- Historical earnings data for Atlantic Union Bank
风险及免责提示:以上内容仅代表作者的个人立场和观点,不代表华盛的任何立场,华盛亦无法证实上述内容的真实性、准确性和原创性。投资者在做出任何投资决定前,应结合自身情况,考虑投资产品的风险。必要时,请咨询专业投资顾问的意见。华盛不提供任何投资建议,对此亦不做任何承诺和保证。