Deal facts
- Buyer
- First Bank
- Target
- Malvern Bancorp, Inc.
- Deal value
- Not disclosed
- Announced
- 17 July 2023
- Status
- Completed
- Sector
- Financial Services
- Country
- United States
- Consideration
- cash, shares
Sources
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1 update- CompletedClosed
First Bank completes acquisition of Malvern Bancorp, Inc.
Item 2.01. Completion of Acquisition or Disposition On July 17, 2023, pursuant to the Agreement and Plan of Merger dated December 13, 2022, as amended (the “ Merger Agreement ”), by and among Malvern Bancorp, Inc. (“ Malvern ”), First Bank, FB Merger Subsidiary LLC, a wholly-owned subsidiary of First Bank (“ Merger Sub ”), and Malvern Bank, National Association (“ Malvern Bank ”), Malvern merged w
Source
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Buyer history
First Bank
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