Reported Earlier, Pathward Divests Commercial Insurance Premium Finance Business In $648.3M Deal With AFS IBEX
Reported Earlier, Pathward Divests Commercial Insurance Premium Finance Business In $648.3M Deal With AFS IBEX
The Company believes, excluding any related gains, that the transaction will be relatively neutral to fiscal 2024 net income and earnings per diluted share. However, the Company expects the transaction to be increasingly accretive as it redeploys the released capital and deposits into other commercial finance loans and leases. The Company expects the transaction to close by the end of fiscal year 2024 and will update fiscal 2025 guidance at that time.
公司認爲，除了任何相關收益之外，該交易對2024財年的淨利潤和每股稀釋收益相對中立。然而，公司預計隨着它將釋放的資本和存款重新投入到其他商業金融貸款和租賃中，這筆交易將逐漸增值。公司預計該交易將在2024財年結束時關閉，並在那時更新2025年的指導意見。
The cash purchase price to be paid by AFS at closing consists of the final net asset value of the assets purchased pursuant to the Purchase Agreement, which was $617.1 million as of June 30, 2024, plus a $31.2 million premium, subject to fluctuations in the loan portfolio, plus the assumption of certain liabilities, subject to adjustment.
在收盤時，AFS所支付的現金購買價格包括根據購買協議購買的資產的最終淨資產價值，截至2024年6月30日爲617.1億美元，加上3120萬美元的溢價（根據貸款組合的波動進行調整），以及對某些負債的承擔（根據調整）。
