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Price Over Earnings Overview: Old National - Old National (NASDAQ:ONB)

  • Old National Bank will acquire Bremer Bank for $1.4 billion, concluding a five-year saga about Bremer’s future.
  • The combined bank will have $70 billion in assets, becoming the third-largest in the Twin Cities.
  • Following the deal, the trust will hold an 11% stake in Old National, with a trustee joining its board.
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bankingdive.com broke the news in on Monday, November 25, 2024.
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