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HomeTown Lenders Adds Seven New Branches And Over $100 Million In Estimated Volume

HomeTown Lenders Adds Seven New Branches And Over $100 Million In Estimated Volume HomeTown Lenders Adds Seven New Branches And Over $100 Million In Estimated Volume HUNTSVILLE, Ala., March 3, 2021 /PRNewswire/ Hometown Lenders (HTL), a rapidly emerging leader in the national mortgage lending industry, has started 2021 off with several major acquisitions as the company continues to strategically grow. HomeTown Lenders Adds Seven New Branches And Over $100 Million In Estimated Volume HTL today is pleased to announce that seven more branches have joined its burgeoning family of mortgage professionals. The company selectively identifies and meticulously reviews established, well-respected mortgage lenders who have earned the trust of families in their respective local communities over time; utilizing this vetting process, HTL decides which existing lenders would be ideal fits to become new branch partners of Hometown Lenders.

Shore Bancshares, Inc and Severn Bancorp, Inc Announce Execution of Merger Agreement Creates 3rd Largest Bank Headquartered in Maryland

Severn Bank logo EASTON, Md. and ANNAPOLIS, Md., March 3, 2021 /PRNewswire/ Shore Bancshares, Inc. (NASDAQ: SHBI) ( Shore ), the holding company of Shore United Bank, and Severn Bancorp, Inc. (NASDAQ: SVBI) ( Severn ), the holding company of Severn Savings Bank, FSB, today announced they have entered into a definitive agreement under which Severn will merge with and into Shore in a stock and cash transaction valued at approximately $146 million (including common stock and stock options), or $11.30 per share of Severn common stock, based on a closing price for Shore s common stock of $15.64 as of March 2, 2021 and $1.59 per share in cash. Shore expects the transaction to be over 30% accretive to EPS in 2022, based on anticipated cost savings of approximately 35%.

Shore Bancshares, Inc and Severn Bancorp, Inc Announce Execution of Merger Agreement Creates 3rd Largest Bank Headquartered in Maryland

Shore Bancshares, Inc and Severn Bancorp, Inc Announce Execution of Merger Agreement Creates 3rd Largest Bank Headquartered in Maryland
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

investment in African agriculture – AfricaBusiness com

Africa’s agribusiness and food sector registered strong private equity deal activity during May 2018, according to industry information service Africa Private Equity News. EXEO Capital announced a $6.4-million investment, through its Agri-Vie Fund II, into Capital Fisheries – a Zambian food company specialising in the cold-chain distribution of fish and other animal proteins. Capital Fisheries has an innovative business model of … [Read more…]

Investments in Africa – AfricaBusiness com

JCG’s investment arm Janus Capital takes stake in Highview Enterprise Limited. The deal will bring Highview Power’s cutting edge CRYOBattery™ energy storage technology to JCG’s core markets in sub-Saharan Africa. The investment will unleash the potential of renewable energy storage across Africa, supporting JCG’s wider growth and business goals in this sector.  Janus Continental Group (JCG), … [Read more…]

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