Brief: Hometrust Bancshares, Inc. Announces Merger With Quantum Capital Corp.

Quantum Capital

25/07/2022 14:06

July 25 (Reuters) - Hometrust Bancshares Inc  HTBI.O :
    * HOMETRUST BANCSHARES, INC. ANNOUNCES MERGER WITH QUANTUM CAPITAL CORP.
    * HOMETRUST BANCSHARES INC SAYS QUANTUM CAPITAL CORP WILL MERGE WITH
HOMETRUST IN
STOCK AND CASH TRANSACTION VALUED AT ABOUT $67.6 MILLION
    * HOMETRUST BANCSHARES INC - PROPOSED DEAL FOR APPROXIMATELY $67.6 MILLION
    * HOMETRUST BANCSHARES INC - WILL PAY ABOUT $33.0 MILLION OF CASH AND ISSUE
1.54
MILLION SHARES TO SHAREHOLDERS OF QUANTUM
    * HOMETRUST BANCSHARES INC SAYS EXPECTS MERGER TO BE ACCRETIVE TO EPS BY
MORE THAN
20% ONCE COST SAVINGS FULLY ACHIEVED BEGINNING IN FISCAL YEAR 2024

Source text for Eikon:  ID:nGNXbPxVfK 
Further company coverage:  HTBI.O 

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