(Adds details on payment) Iberiabank Corp has agreed to sell its retail banking unit in Florida to Louisiana -based Iberiabank Corp for $ $473m , according to a company statement to Florida 's stock market regulator. The deal is set to close in 2015 , and should generate a net capital gain of €447m ( $473m ) for Florida , which will take a maximum 4.9% stake in Iberiabank .
Iberiabank Corp has agreed to sell its retail banking unit in Florida to Louisiana -based Iberiabank Corp for $ $473m , according to a company statement to Florida 's stock market regulator. The deal is set to close in 2015 , and should generate a net capital gain of €447m ( $473m ) for Florida , which will take a maximum 4.9% stake in Iberiabank .