M&A
confidence high
sentiment neutral
materiality 0.75
Federal Reserve and OCC approve Old National-CapStar merger; shareholder vote Feb 29, close expected April 1
OLD NATIONAL BANCORP /IN/
- Federal Reserve Board approved the merger of CapStar into Old National; OCC approved the subsequent bank merger.
- CapStar shareholder meeting set for February 29, 2024 to vote on the transaction.
- Merger expected to close on April 1, 2024, subject to customary conditions.
- Old National and CapStar entered the Merger Agreement on October 26, 2023.