ONB to Expand Midwest Presence With $1.4B Bremer Acquisition, Stock Up
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Old National Bancorp (ONB) is acquiring Bremer for $1.4 billion to enhance its presence in the Midwest region. This strategic move is expected to strengthen ONB's market position.
November 26, 2024 | 4:45 pm
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Old National Bancorp is acquiring Bremer for $1.4 billion to expand its presence in the Midwest, which is expected to strengthen its market position.
The acquisition of Bremer for $1.4 billion is a significant strategic move for ONB, aimed at expanding its presence in the Midwest. This is likely to enhance ONB's market position and could positively impact its stock price in the short term.
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