Huntington Bancshares to buy Cadence Bank in $7.4bn deal
Yahoo Finance·2025-10-28 17:20
Huntington Bancshares has agreed to acquire Cadence Bank, a US bank with 7.4bn. Cadence Bank is headquartered in Houston, Texas and Tupelo, Mississippi. Under the terms of the agreement, Huntington will exchange 2.475 shares of its common stock for each Cadence share, based on a closing price of $16.07 on 24 October 2025. The acquisition is anticipated to be completed in the first quarter of 2026, subject to regulatory and shareholder approvals. Upon closing ...