Announced
Completed
Synopsis
First Horizon, a banking and financial services company, completed the acquisition of 30 branches of Truist Financial, a banking organization formed through the merger of BB&T and SunTrust. Financial terms were not disclosed. “Today marks another milestone for First Horizon as we continue to build a leading southern financial services organization. In addition to our recent merger of equals with IBERIABANK, this transaction enhances our ability to serve clients and communities, accelerate growth and drive long-term shareholder value. Our associates have worked diligently to get us to this day, and I thank them for their tireless effort especially during these challenging times. We are excited to welcome our new associates and clients to the First Horizon family,” Bryan Jordan, First Horizon President and CEO.
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