Workout situation resulting from BAWAG AG expansion in the USA and acquisition of Peak Bancorp, Inc.
To be closed by November 30th 2023 https://www.globenewswire.com/news-release/2023/11/02/2772924/0/en/BAWAG-and-Peak-Bancorp-Inc-Announce-Receipt-of-All-Regulatory-Approvals.html
Based on some word of mouth information, latest date by which the acquisition should have closed according to the merger agreement is 30 June 2023. No information is available on what will happen after this date if FED does not issue the approval.
Where does this stand niw?
To be closed by November 30th 2023 https://www.globenewswire.com/news-release/2023/11/02/2772924/0/en/BAWAG-and-Peak-Bancorp-Inc-Announce-Receipt-of-All-Regulatory-Approvals.html
Based on some word of mouth information, latest date by which the acquisition should have closed according to the merger agreement is 30 June 2023. No information is available on what will happen after this date if FED does not issue the approval.
Where does this stand niw?