Brief: MidWestOne Financial Group to Acquire Iowa First Bancshares Corp

Midwestone Financial (IOWA)

01/11/2021 22:08

Nov 1 (Reuters) - Iowa First Bancshares Corp  IOFB.PK :
    * MIDWESTONE FINANCIAL GROUP, INC. TO ACQUIRE IOWA FIRST
BANCSHARES CORP.
    * IOWA FIRST BANCSHARES CORP - TRANSACTION VALUED AT
APPROXIMATELY
$47.6 MILLION
    * IOWA FIRST BANCSHARES - MIDWESTONE EXPECTS DEAL TO BE
APPROXIMATELY 14.4% ACCRETIVE TO ITS EARNINGS PER SHARE IN 2022
AND 10.8% ACCRETIVE IN 2023

Source text for Eikon:  ID:nGNX85jp67 
Further company coverage:  IOFB.PK 

 ((Reuters.Briefs@thomsonreuters.com;))