Deal snapshot: UMB Healthcare Services to Acquire HSA Business from Old National Bank.
MANews-(C)2009-2022
Missouri, US-based bank holding company UMB Financial Corp's (NASDAQ: UMBF) UMB Bank, n.a. subsidiary has executed a definitive agreement to acquire the health savings account business of Indiana, US-based Old National Bancorp's (NASDAQ: ONB) Old National Bank subsidiary, the company said.
The transaction contemplates the transfer of approximately USD 500m in client assets of which approximately USD 400m are held...
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