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4 个月前
BRIEF-Emclaire Financial to acquire Northern Hancock Bank & Trust
2017年5月4日 / 晚上9点21分 / 4 个月前

BRIEF-Emclaire Financial to acquire Northern Hancock Bank & Trust

May 4 (Reuters) - Emclaire Financial Corp:

* Emclaire Financial Corp announces expansion of franchise into adjacent West Virginia market with agreement to acquire Northern Hancock Bank & Trust Co.

* Emclaire Financial - shareholders of northern hancock to get 0.9793 shares of Emclaire stock and $3.35 in cash for each share of Northern Hancock

* Emclaire Financial Corp - deal is expected to be accretive to tangible book value per share at closing and accretive to emclaire's earnings per share for remainder of 2017

* Emclaire Financial Corp - transaction is expected to be 6% accretive to earnings in 2018 and higher in future years Source text for Eikon: Further company coverage:

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