Old National Bancorp To Merge With Bremer Financial
St. Paul-based Bremer Financial Corporation is merging with Old National Bancorp in a deal worth $1.4 billion in cash and stocks. Old National is on track to become the third-largest bank in the Twin Cities.
Old National Bancorp Shares Rise on $1.4B Acquisition of Bremer Financial
Old National Bancorp shares rose Monday morning after it agreed to acquire Bremer Financial, a privately held financial services company, for a transaction value of $1.4 billion. Shares traded 6.3% higher at $23.02.
Bremer Bank bought by Old National
As part of the merger, the Otto Bremer Trust will own about 11% of Old National and also appoint one person to Old National's Board of Directors.
Old National Bancorp to acquire Bremer Financial in $1.4B deal
Old National Bancorp (NASDAQ:ONB) agreed to acquire Bremer Financial, parent of Bremer Bank, in a cash and stock transaction valued at ~$1.4B, making ONB the third-largest bank in the St. Paul-Minneapolis area,
Old National buying St. Paul-based Bremer Bank in $1.4 billion deal
Old National Bancorp announced on Monday that it is acquiring and merging with St. Paul's Bremer Financial Corporation, the bank holding company for Bremer Bank, in a deal worth $1.4 billion.
Old National CEO speaks on $1.4B Bremer Bank acquisition
The combined bank will have 1,850 Minnesota-based employees and $9 billion in Twin Cities deposits. It'll also sell billions in Bremer CRE loans. But what becomes of Bremer's current CEO?
Old National Bancorp strikes $1.4 billion deal for Bremer Financial
Regional lender Old National Bancorp said on Monday it will buy privately held Bremer Financial in a $1.40 billion cash-and-stock deal, creating a combined bank with over $70 billion in assets. Bremer shareholders will receive 4.
Bremer Bank sold to Old National Bancorp for $1.4 billion
EVANSVILLE, Ind. (REUTERS) – Regional lender Old National Bancorp will buy privately held Bremer Financial in a $1.4 billion cash-and-stock deal, the companies said on Monday, creating a combined bank with over $70 billion in assets.
Old National to partner with St. Paul, Minnesota based Bremer Financial Corp.
Old National Bancorp and Bremer Financial Corportation jointly announced Monday that they entered into a definitive merger agreement.
Old National to acquire Bremer Bank for $1.4 billion
Old National Bancorp (Nasdaq: ONB) is acquiring Bremer Financial Corp. in a deal worth $1.4 billion, according to an announcement Monday morning from the two lenders.
Old National Bancorp, Bremer Financial enter merger agreement
Old National Bancorp (ONB) and Bremer Financial jointly announced today that they entered into a definitive merger agreement. Founded in 1943,
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