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BRIEF-PNC Announces Agreement To Acquire FirstBank, Significantly Growing Its Presence In Colorado And Arizona
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BRIEF-PNC Announces Agreement To Acquire FirstBank, Significantly Growing Its Presence In Colorado And Arizona
Sep 8, 2025 5:11 AM

Sept 8 (Reuters) - PNC Financial Services Group Inc ( PNC )

:

* PNC ANNOUNCES AGREEMENT TO ACQUIRE FIRSTBANK,

SIGNIFICANTLY

GROWING ITS PRESENCE IN COLORADO AND ARIZONA

* PNC FINANCIAL SERVICES GROUP INC ( PNC ) - DEAL VALUED AT $4.1

BILLION

WITH PNC SHARES AND CASH

* PNC FINANCIAL SERVICES ( PNC ): AGGREGATE CONSIDERATION COMPRISED

OF

FIXED NUMBER OF ABOUT 13.9 MILLION SHARES OF PNC COMMON STOCK

AND $1.2 BILLION IN CASH

* PNC FINANCIAL SERVICES ( PNC ): UNDER DEAL, FIRSTBANK STOCKHOLDERS

ENTITLED TO ELECT TO RECEIVE MERGER CONSIDERATION IN PNC COMMON

STOCK OR IN CASH

Source text:

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