Brief: Northwest Bancshares Announces Agreement To Acquire Penns Woods Bancorp
17/12/2024 14:13
Dec 17 (Reuters) - Northwest Bancshares Inc NWBI.O :
* NORTHWEST BANCSHARES, INC. ANNOUNCES AGREEMENT TO ACQUIRE
PENNS
WOODS BANCORP, INC.
* NORTHWEST BANCSHARES INC: PROPOSED DEAL FOR $270.4 MILLION
* NORTHWEST BANCSHARES: PENNS WOODS SHAREHOLDERS TO BE
ENTITLED TO
GET 2.385 SHARES OF NORTHWEST COMMON STOCK FOR EACH PENNS WOODS
SHARE
* NORTHWEST BANCSHARES INC: TRANSACTION CONSIDERATION VALUED
AT
$34.44 FOR EACH SHARE OF PENNS WOODS
* NORTHWEST BANCSHARES INC: SEES DEAL TO BE ABOUT 23%
ACCRETIVE TO
2026 FULLY DILUTED EPS
Source text: ID:nPn3Y9Xg1a
Further company coverage: NWBI.O
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