Tri-County jumps on $204.6 million buyout deal with HBT Financial
10/08/2026 19:08
BUZZ-Tri-County jumps on $204.6 million buyout deal with HBT Financial ** Community lender Tri-County Financial's TYFG.PK shares jump 15.3% to $80.50
** HBT Financial HBT.O will buy TYFG in a $204.6 million stock-and-cash transaction, to create a combined bank with roughly $8.3 billion in total assets
** Deal strengthens HBT footprint in central Illinois and Chicago MSA and values TYFG at $82.89 per share
** Deal marks twelfth merger that HBT Financial has been part of since 2007 and is expected to close in the first quarter of 2027
** As of last close, TYFG stock up 42.3% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
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