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New Deal


Announced

Completed

ACNB completed the acquisition of Frederick County Bancorp for $60m.

Financials

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Transaction Value£47m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Acquisition

Completed

Majority

United States

Public

Single Bidder

banking products

Merger

Banks

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Synopsis

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ACNB, the parent financial holding company of ACNB Bank, a Pennsylvania state-chartered, FDIC insured community bank, completed the acquisition of Frederick County Bancorp, a one-bank holding company, for $60m. "We are excited to welcome FCBI as ACNB Corporation expands its presence in the Maryland market. Frederick is a growing, vibrant market for community banking, which is at the core of ACNB Corporation’s success for more than 160 years. Strategically, this acquisition is intended to complement our operations branded as NWSB Bank in Carroll County, Maryland, with profitable growth opportunities adjacent to our current footprint, while contributing to the Corporation’s established tradition of enhancing long-term shareholder value. We certainly look forward to sharing our commitment to community banking with customers and other stakeholders in the Frederick County market," James P. Helt, ACNB President & Chief Executive Officer.

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