$46.19 -1.5 -3.1%
Last Trade - 29/11/19
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £30.8m |
Position in Universe | th / 6849 |
June 5 (Reuters) - DNB Financial Corp DNBF.O : * S&T BANCORP, INC. AND DNB FINANCIAL CORPORATION ANNOUNCE MERGER * DNB FINANCIAL CORP - TRANSACTION WILL HAVE AN AGGREGATE VALUE OF APPROXIMATELY $206 MILLION, OR $47.28 PER SHARE * DNB FINANCIAL CORP - EXPECTS MERGER TO BE ACCRETIVE TO EARNINGS PER SHARE IN 2020 * DNB FINANCIAL CORP - S&T WILL ACQUIRE DNB IN AN ALL-STOCK TRANSACTION. * DNB FINANCIAL CORP - S&T EXPECTS MERGER TO BE ACCRETIVE TO EARNINGS PER SHARE IN 2020. * DNB FINANCIAL CORP - TRANSACTION IS EXPECTED TO BE A TAX-FREE EXCHANGE TO SHAREHOLDERS OF DNB. * DNB FINANCIAL - TERMS OF MERGER AGREEMENT HAVE BEEN UNANIMOUSLY APPROVED BY BOARDS OF BOTH COS * DNB FINANCIAL CORP - DNB SHAREHOLDERS WILL RECEIVE 1.22 SHARES OF S&T STOCK FOR EACH SHARE OF DNB STOCK Source text for Eikon: ID:nPnbTDGF0a Further company coverage: DNBF.O (Reuters.Briefs@thomsonreuters.com)