Deal snapshot: Citizens Financial to Acquire Investors Bancorp for an Implied Transaction Value of USD 3.5bn.
MANews-(C)2009-2021
US-based bank holding company Citizens Financial Group, Inc. (NYSE: CFG) has entered into a definitive agreement and plan of merger to acquire all outstanding shares of Investors Bancorp for a combination of stock and cash with an implied total transaction value of approximately USD 3.5bn, the company said.
Under the terms of the agreement and plan of merger, Investors shareholders will receive 0.297 of a...
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