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 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 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 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.
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.
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 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,
Old National to buy Bremer Financial in $1.4 billion Midwest push
Regional lender Old National Bancorp will buy privately held Bremer Financial in a $1.40 billion cash-and-stock deal, the companies said on Monday, creating a combined bank with over $70 billion in assets.
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