Deals
Green Bancorp Said Working With Sandler to Explore Sale
- Bank said to have held informal talks with possible suitors
- Souring energy loans have pressured company's share price
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Green Bancorp Inc., the Houston lender that went public in 2014, is exploring a sale, according to people with knowledge of the matter, as weakness in its energy loan book pressures its share price.
The bank is working with Sandler O’Neill & Partners to review its strategic options, said the people, who asked not to be identified because the matter is private.