US EditionCadence Bank seals deal to buy Industry Bancshares
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Cadence Bank seals deal to buy Industry Bancshares
Cadence Bank is set to expand in the US with the acquisition of Texas-based Industry Bancshares for a consideration of $20m-60m. The companies have entered a definitive merger deal in this regard. As per the agreed terms,Cadence Bank will purchase all outstanding common stock of Industry Bancshares for a cash payment ranging from $20m to $60m, depending on the company’s equity capital at the time of closing, along with certain conditions and adj…
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