First Financial Holdings (FFCH) Sells First Southeast Insurance Services to Hub International Limited for ~$38 Million
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First Financial Holdings, Inc. (Nasdaq: FFCH) today announced that it has agreed to sell its insurance agency subsidiary, First Southeast Insurance Services, Inc., to Hub International Limited for approximately $38 million in cash at closing.
The closing of this transaction is expected to occur by the end of the second calendar quarter and is subject to customary closing conditions.
The closing of this transaction is expected to occur by the end of the second calendar quarter and is subject to customary closing conditions.
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