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HU3 - Huntington Bancshares Inc News Story

€7.55 -0.2  -2.0%

Last Trade - 7:05am

Sector
Financials
Size
Large Cap
Market Cap £7.10bn
Enterprise Value £15.20bn
Revenue £3.67bn
Position in Universe 118th / 1041

BRIEF-Huntington Bancshares to buy Macquarie Equipment Finance

Tue 24th February, 2015 11:00am
Feb 24 (Reuters) - Huntington Bancshares Inc  HBAN.O : 
 * To acquire Macquarie equipment finance, inc 
 * Says acquisition is expected to be accretive to huntington's earnings in the 
   first year 
 * Under termshuntington will acquire approximately $900 million of assets and 
   assume approximately $630 million of debt 
 * Says acquisition will add more than 165 jobs to huntington's colleague base 
 * Will acquire Macquarie equipment finance's U.S. business from Australia-based 
   Macquarie Group 
 
 * Source text for Eikon  ID:nBwbhrTcDa  
 * Further company coverage  HBAN.O  ((Bengaluru Newsroom; +1 646 223 8780))
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