The armored car giant announced it plans to acquire Argentina-based Maco Transportadora de Caudales S.A. for $209 million. The transaction is expected to close within 30 days.
Union Bankshares (UBSH)
The parent of Union Bank & Trust filed its second quarter financials, citing net income of $17.95 million, down from $19.33 million in the same period last year. Total assets reached $8.91 billion, up from $8.1 billion. Total deposits were $6.76 billion, up from $6.09 billion. Total loans were $6.77 billion, up from $5.94 billion. Total nonperforming assets were $34.05 million, up from $24.24 million in the same period of 2016. Read the full earnings release here.
Director John Luke Jr. exercised options for 10,343 shares of common stock, selling them at $59.42 per share for a total of $614,581.