PNC Financial Services Group Inc

PNC: XNYS (USA)
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PNC: Acquisition of FirstBank for $4.1 Billion Will Expand Reach in Colorado and Arizona

PNC Financial announced on Sept. 8, 2025, a definitive offer to acquire FirstBank for an implied transaction value of $4.1 billion, composed of 70% stock and 30% cash. The deal price is roughly equivalent to 5% of PNC's market capitalization, based on the bank's closing share price on Sept. 5, 2025.

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