First Financial Northwest hits three-month high after regulatory approval for Global Credit Union takeover
ReutersMar 13, 2025 6:17 PM
First Financial Northwest's FFNW.O shares jump as much as 16.4%, hitting their highest since late November
Global Federal Credit Union has received required regulatory approval for acquisition of FFNW, companies announced late Wednesday
Deal now expected to be completed early in second quarter of 2025
Global Federal Credit Union last year had agreed to acquire FFNW in $231.2 million all-cash deal
At that time, deal was anticipated to closed in fourth quarter of 2024
FFNW stock up 4% YTD
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