Brief: Huntington Bancshares Incorporated To Acquire Cadence Bank

Huntington Bancshares

27/10/2025 11:03

Oct 27 (Reuters) - Huntington Bancshares Inc HBAN.O:

HUNTINGTON BANCSHARES INCORPORATED TO ACQUIRE CADENCE BANK

HUNTINGTON BANCSHARES INC - UNDER TERMS WILL ISSUE 2.475 SHARES OF COMMON STOCK FOR EACH OUTSTANDING SHARE OF CADENCE COMMON STOCK

HUNTINGTON BANCSHARES INC - TRANSACTION IS EXPECTED TO BE 10% ACCRETIVE TO HUNTINGTON'S EARNINGS PER SHARE

HUNTINGTON BANCSHARES INC - PROPOSED DEAL FOR CONSIDERATION IMPLIES $39.77 PER CADENCE SHARE OR AN AGGREGATE TRANSACTION VALUE OF $7.4 BILLION

HUNTINGTON BANCSHARES INC - CADENCE BANK TEAMS AND BRANCHES WILL OPERATE UNDER HUNTINGTON BANK NAME AND BRAND.

HUNTINGTON BANCSHARES INC - WILL BE INVITING TWO ADDITIONAL MEMBERS FROM CADENCE TO JOIN BOARD OF DIRECTORS

HUNTINGTON BANCSHARES-  JAMES ROLLINS III TO JOIN HUNTINGTON AS NON-EXECUTIVE VICE CHAIRMAN OF BOARD OF HUNTINGTON BANCSHARES

HUNTINGTON BANCSHARES INC - HUNTINGTON BANCSHARES WILL BE INVITING TWO ADDITIONAL MEMBERS FROM CADENCE TO JOIN BOARD OF DIRECTORS.

Source text: ID:nPn6VqNrNa

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