Westfield sells banking arm to First Financial in $325mn deal
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Westfield sells banking arm to First Financial in $325mn deal

Westfield will receive $260mn in cash and ~2.75 million shares of First Financial stock worth about $65mn.

By Jairo Ibarra
June 23, 2025
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First Financial Bank headquarters Cincinnati ohio.png

Westfield parent Ohio Farmers Insurance Company has agreed to sell its banking unit Westfield Bancorp to Cincinnati-based First Financial Bancorp in a bid to focus on its P&C operations.

The

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Topics

News M&A Westfield Insurers North America Commercial lines
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