Blue Hill Advisors Increases Cash Offer From $12 To $12.50 For Territorial Bancorp, A 27% Premium To The Value Of The Hope Takeover
Blue Hill Advisors Increases Cash Offer From $12 To $12.50 For Territorial Bancorp, A 27% Premium To The Value Of The Hope Takeover
HONOLULU, Sept. 26, 2024 /PRNewswire/ -- Blue Hill Advisors LLC ("Blue Hill") and former Hawaii banking executive Allan Landon today announced an increased cash offer for Territorial Bancorp Inc. ("Territorial" or the "Company") (NASDAQ:TBNK) from $12.00 per share to $12.50 per share. The increased offer represents a 27% premium over Territorial's proposed takeover by Hope Bancorp, Inc. ("Hope") (NASDAQ:HOPE) based on Hope's closing stock price on the Nasdaq on September 25.Raises Cash Offer from $12.00 to $12.50, a 27% Premium to the Value of the Hope Takeover
將現金報價從$12.00提高到$12.50，溢價27%，高於Hope收購價值
Releases Presentation: "A Better Deal for Territorial"
發佈演示文稿：「給Territorial的更好交易」
Launches to Keep Stakeholders Informed of the Latest Developments
推出 以讓利益相關者了解最新進展
HONOLULU, Sept. 26, 2024 /PRNewswire/ -- Blue Hill Advisors LLC ("Blue Hill") and former Hawaii banking executive Allan Landon today announced an increased cash offer for Territorial Bancorp Inc. ("Territorial" or the "Company") (NASDAQ:TBNK) from $12.00 per share to $12.50 per share. The increased offer represents a 27% premium over Territorial's proposed takeover by Hope Bancorp, Inc. ("Hope") (NASDAQ:HOPE) based on Hope's closing stock price on the Nasdaq on September 25.
2024年9月26日，夏威夷檀香山 / PRNewswire/ - 藍山顧問有限責任公司（「藍山」）和前夏威夷銀行界人士艾倫·蘭登今天宣佈，將對Territorial Bancorp Inc.（「Territorial」或「公司」）（納斯達克:TBNK）的現金報價從每股$12.00增加到每股$12.50。這一提高的報價相當於溢價27%，相對於Territorial公司提議由Hope Bancorp，Inc.（「Hope」）（納斯達克:HOPE）根據9月25日納斯達克收盤股價進行的收購。
"This increase makes our offer even more attractive," said Mr. Landon.
蘭登先生表示：「此次提高使我們的報價更具吸引力。」
Jason Blumberg, Managing Member of Blue Hill, added, "Shareholders recognize the superiority of our offer and want Territorial to engage with us."
藍山管理成員傑森·布倫伯格補充道：「股東認識到我們報價的卓越性，希望Territorial與我們展開接觸。」
Blue Hill and Mr. Landon also released a presentation titled, "A Better Deal for Territorial". The presentation and other information can be found at . Stakeholders are encouraged to visit the site to stay updated on the latest developments.
藍山和蘭登先生還發布了題爲「Territorial更好交易」的演示文稿。有關演示文稿和其他信息，可在xxxx上找到。鼓勵利益相關者訪問該網站以了解最新進展。
Among other topics, the presentation highlights the vastly superior value of the Landon and Blue Hill proposal and provides additional information about the investors behind it, which include funds with a total of greater than $3 billion in assets under management that have completed dozens of similar bank transactions in recent years. The presentation reiterates the investors' confidence in the transaction, and their expectation to complete due diligence quickly and close the transaction by the end of the year.
在其他話題中，演示文稿強調了Landon和Blue Hill提議的遠高於價值的價值，並提供了有關背後的投資者的其他信息，這些投資者包括管理資產超過$30億的基金，這些基金在近年來已完成了數十筆類似的銀行交易。演示文稿重申了投資者對交易的信心，並希望儘快完成盡調並在年底前完成交易。
譯文內容由第三人軟體翻譯。