Brief: Prosperity Bancshares, Inc.® And Stellar Bancorp, Inc. Announce Merger

Stellar Bancorp

28/01/2026 11:44

Jan 28 (Reuters) - Prosperity Bancshares Inc PB.N:

PROSPERITY BANCSHARES, INC.® AND STELLAR BANCORP, INC. ANNOUNCE MERGER

PROSPERITY BANCSHARES INC: TOTAL DEAL CONSIDERATION WAS VALUED AT APPROXIMATELY $2.002 BILLION

PROSPERITY BANCSHARES: UNDER TERMS CO WILL ISSUE 0.3803 SHARES OF COMMON STOCK AND $11.36 IN CASH FOR EACH OUTSTANDING SHARE OF STELLAR COMMON STOCK

Source text: ID:nPn6cHF15a

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