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New Deal


Announced

Completed

United Bankshares completed the acquisition of Community Bankers Trust for $303m.

Financials

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Transaction Value£214m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

Single Bidder

Acquisition

bank

Public

Friendly

Merger

United States

Banks

Completed

Synopsis

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United Bankshares, a financial holding company, completed the acquisition of Community Bankers Trust, a single bank holding company, for $303m. "We are extremely pleased to have Community Bankers Trust joining United. We have been looking forward to the opportunity to broaden our footprint throughout Virginia and Maryland, and this transaction will allow us to enhance our presence in some of the most desirable banking markets in the nation," Richard M. Adams, United Bankshares Chairman and CEO.

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