Brief: Hope Bancorp And Territorial Bancorp Announce Definitive Merger Agreement

Territorial Bancorp

29/04/2024 14:06

April 29 (Reuters) - Hope Bancorp Inc  HOPE.O :
    * HOPE BANCORP AND TERRITORIAL BANCORP ANNOUNCE DEFINITIVE
MERGER
AGREEMENT
    * TERRITORIAL BANCORP INC: TRANSACTION VALUED AT
APPROXIMATELY
$78.6 MILLION
    * TERRITORIAL BANCORP INC: PROPOSED DEAL FOR $8.82 PER SHARE
OF
TERRITORIAL COMMON STOCK
    * TERRITORIAL BANCORP INC: PROPOSED TRANSACTION, AFTER
CLOSE, IS
EXPECTED TO BE IMMEDIATELY ACCRETIVE TO HOPE BANCORP'S EARNINGS

Source text for Eikon:  ID:nBw42Y4nga 
Further company coverage:  HOPE.O 

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