Acquisition | LUTHER BURBANK CORP | 29th February 2024
Initially announced on November 14, 2022 WASHINGTON FEDERAL INC made a stock offer for LUTHER BURBANK CORP of 0.3353 shares per LUTHER BURBANK CORP share held. LUTHER BURBANK CORP shareholders approved the Acquisition on May 4, 2023. The Acquisition received regulatory approvals on January 30, 2024. Subject to the completion of customary closing conditions, the Acquisition is expected to be completed on February 29, 2024.
- LUTHER BURBANK CORP will be removed from the Index.
- The shares of WAFD INC (WAFD.OQ) will be increased according to the stock terms of the transaction.
- Effective Date (open): 29/02/2024
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