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HU3 - Huntington Bancshares Inc News Story

€8.2 0.0  0.0%

Last Trade - 18/09/20

Sector
Financials
Size
Large Cap
Market Cap £7.63bn
Enterprise Value £15.62bn
Revenue £3.62bn
Position in Universe 118th / 1040

Huntington Bancshares to buy FirstMerit Corp for about $3.4 bln

Tue 26th January, 2016 5:54am
Jan 26 (Reuters) - Huntington Bancshares Inc  HBAN.O  said 
on Tuesday it has agreed to buy Ohio-based FirstMerit Corp 
 FMER.O  for about $3.4 billion in a cash-and-stock deal. 
    Huntington expects the deal, which would combine two of 
Ohio's midsize banks, to add to its earnings per share in 2017, 
excluding one-time merger-related expenses. 
 
 (Reporting By Aurindom Mukherjee in Bengaluru; Editing by 
Gopakumar Warrier) 
 ((aurindom.mukherjee@thomsonreuters.com; within U.S.+1 646 223 
8780; outside U.S. +91 80 6749 4755; Reuters Messaging: 
aurindom.mukherjee.thomsonreuters.com@reuters.net)) 
 
Keywords: FIRSTMERIT M&A/HUNTINGTON BANC
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