OceanFirst to buy Flushing Financial, raise $225M from Warburg Pincus
Key insight: The deal is expected to create a $23 billion-asset company with operations focused around New Jersey and New York. What’s at stake: OceanFirst is vowing to reduce its commercial real-estate concentration, which was already hefty and will grow larger following the completion of the Flushing transaction. Forward look: Warburg Pincus will make a […]
OceanFirst to buy Flushing Financial, raise $225M from Warburg Pincus Read More »