Huntington Bancshares Set to Complete Acquisition of Veritex Holdings

Huntington Bancshares (BTSG) is set to complete its acquisition of Veritex Holdings, enhancing its market position. BrightSpring Health Services, a healthcare sector company, has robust revenue growth but faces declining margins and high valuation metrics near historical highs. The acquisition and sector-specific risks may impact BrightSpring's future performance.

Dallas — Huntington Bancshares, Inc. (BTSG) has successfully completed its acquisition of Veritex Holdings, a significant move that aims to bolster its market position. The deal, originally announced in mid-July, has received the necessary regulatory approvals and is set to close on October 20, according to a WFAA report.

The acquisition will see Veritex become part of Huntington National Bank, with the parent company issuing 1.95 shares for each outstanding share of Veritex. Based on Huntington's closing price of $17.39 as of July 11, the transaction implies a Veritex price of $33.91 per share, or an aggregate value of $1.9 billion, as noted in the WFAA report.

Meanwhile, BrightSpring Health Services, Inc. (BTSG), a healthcare sector company, has reported robust revenue growth but faces declining margins and high valuation metrics near historical highs. The company reported strong second-quarter 2025 financial results, with net revenue reaching $3.148 billion, up 29.1% year-over-year. However, the Adjusted EBITDA grew 28.8% to $143 million, while net income from continuing operations remained flat at $8.5 million, according to StockTitan coverage.

BrightSpring has also announced a secondary offering where certain stockholders, including KKR affiliates and management members, plan to sell 14 million shares of common stock. The offering is expected to close on June 12, 2025, with Goldman Sachs, BofA Securities, Jefferies, and Morgan Stanley leading the transaction, per the StockTitan coverage.

The acquisition and sector-specific risks may impact BrightSpring's future performance. As Huntington Bancshares expands its footprint through the Veritex acquisition, BrightSpring will need to navigate challenges such as declining margins and high valuation metrics. The company's planned divestiture of its Community Living business to Sevita, expected to complete in Q4 2025, may also influence its financial health, as noted in the StockTitan coverage.

BrightSpring is scheduled to announce its third-quarter 2025 financial results on October 31, 2025, providing investors with further insights into the company's performance and future prospects, according to StockTitan.