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First Capital to Acquire First Bancorp of Indiana

First Capital, Inc. says it will acquire First Bancorp of Indiana, Inc., expanding its presence in Southern Indiana and Western Kentucky.

FBPIFCAP

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06:05:15 PM UTC
SquawkNews
First Capital (FCAP) agreed to buy First Bancorp of Indiana (FBPI) in an all-stock merger to expand
06:06:57 PM UTC
SquawkNews
First Capital agreed to acquire First Bancorp of Indiana in an all-stock transaction valued at approximately $33.2M, based on a 20-day VWAP of $63.05 per share. Closing is expected in the first half of 2027, subject to approvals and other customary conditions.Material DetailsContext by AI AnalystTh…

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