Brief: Eastern Bankshares And Harborone Bancorp Enter Into Definitive Agreement To Merge

HarborOne Bancorp

24/04/2025 22:58

April 24 (Reuters) - Eastern Bankshares Inc EBC.O:

EASTERN BANKSHARES, INC. AND HARBORONE BANCORP, INC. ENTER INTO DEFINITIVE AGREEMENT TO MERGE

EASTERN BANKSHARES INC: TRANSACTION IS VALUED AT APPROXIMATELY $490 MILLION

EASTERN BANKSHAREHS INC: 16% EPS ACCRETION RESULTING IN TOP QUARTILE OPERATING PROFITABILITY FROM DEAL

EASTERN BANKSHARES: HARBORONE SHAREHOLDERS TO GET FOR EACH SHARE OF HARBORONE COMMON STOCK EITHER 0.765 SHARES OF CO'S COMMON STOCK OR $12.00 IN CASH

Source text: ID:nBw9vF9fca

Further company coverage: EBC.O

 ((Reuters.Briefs@thomsonreuters.com))