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Announced

Completed

BancorpSouth Bank completed the acquisition of National United Bancshares for $115m.

Financials

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Transaction Value£85m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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BancorpSouth Bank, an American bank, completed the acquisition of National United Bancshares, the parent company of National United bank, for $115m. "We're pleased to announce the completion of these two mergers, which represent positive steps forward in our growth strategy. Both National United and FNB Bank are excellent complements to our existing company. By combining with them, we're able to expand our presence in key markets and align with respected bankers who share our commitment to service," Dan Rollins, BancorpSouth Chairman and CEO.

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