DNB

Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether DNB Financial Corporation has obtained a Fair Price in its Sale to S&T Bancorp, Inc.

Retrieved on: 
Thursday, June 6, 2019
Stock market, Ademi, DNB, Shareholder

Click here to learn how to join the action: http://ademilaw.com/case/dnb or call Guri Ademi toll-free at 866-264-3995.

Key Points: 
  • Click here to learn how to join the action: http://ademilaw.com/case/dnb or call Guri Ademi toll-free at 866-264-3995.
  • Ademi & O'Reilly, LLP alleges DNB financial outlook is improving and yet DNB shareholders will receive the equivalent of only $47.28 per share.S&T is purchasing DNB at a substantial discount.
  • The merger agreement unreasonably limits competing bids for DNB by prohibiting solicitation of further bids, and imposing a termination penalty if DNB accepts a superior bid.
  • We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country.

S&T Bancorp, Inc. and DNB Financial Corporation Announce Merger

Retrieved on: 
Wednesday, June 5, 2019
Keefe, Bruyette & Woods, DNB, Finance, Financial services, Banks

Keefe, Bruyette & Woods, Inc. acted as the exclusive financial advisor to S&T and PNC FIG Advisory, Inc. to DNB.

Key Points: 
  • Keefe, Bruyette & Woods, Inc. acted as the exclusive financial advisor to S&T and PNC FIG Advisory, Inc. to DNB.
  • Select "S&T Bancorp/DNB Financial Corporation Merger Conference Call," and follow the instructions.
  • DNB Financial Corporation is a bank holding company whose bank subsidiary, DNB First, National Association, is a community bank headquartered in Downingtown, Pennsylvania with 14 locations.
  • S&T Bancorpand DNB Financial Corporation also plan to file other documents with theSECregarding the proposed merger.

Monument Re Completes Acquisition of Robein Leven N.V. from Amerborgh Financial Services B.V.

Retrieved on: 
Monday, March 25, 2019
Professional services, Banking, Finance, Insurance, Types of insurance, Landforms, Actuarial science, Reinsurance, Dependent territories, De Nederlandsche Bank, Bermuda Monetary Authority, Countries, DNB, BERMUDA

Monument Re announced today that it has completed the acquisition of Robein Leven N.V. and its subsidiaries following receipt of regulatory approval by the De Nederlandsche Bank (DNB).

Key Points: 
  • Monument Re announced today that it has completed the acquisition of Robein Leven N.V. and its subsidiaries following receipt of regulatory approval by the De Nederlandsche Bank (DNB).
  • Manfred Maske, CEO of Monument Re Group, said: We are pleased to announce the regulatory approval from the De Nederlandsche Bank and the completion of our acquisition of Robein in the Netherlands.
  • Monument Re Limited (Monument Re) is a Class E reinsurer subject to Group Supervision by the Bermuda Monetary Authority.
  • Monument Re is a Bermuda based reinsurer established to operate as an asset intensive reinsurer and acquirer in Europe.