Huntington Bancshares Acquires Veritex Holdings for $1.9 Billion to Expand Texas Footprint
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最新报道：Huntington Bancshares has agreed to acquire Veritex Holdings in an all-stock deal valued at approximately $1.9 billion, aiming to expand its presence in Texas. The acquisition will merge Veritex's $12.7 billion in assets into Huntington's portfolio, strengthening its position in high-growth markets like Dallas and Houston. Huntington CEO Steve Steinour highlighted the strategic importance of Texas, citing its strong economy and population growth. The deal, expected to close in Q4 2024, will create a combined entity with over $190 billion in assets. Veritex shareholders will receive 0.68 Huntington shares for each Veritex share, representing a 12% premium based on recent closing prices.
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