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BRIEF-Associated Banc-Corp to acquire Whitnell & Co.
2017年9月8日 / 晚上8点10分 / 2 个月前

BRIEF-Associated Banc-Corp to acquire Whitnell & Co.

Sept 9 (Reuters) - Associated Banc-Corp

* Associated Banc-Corp to acquire wealth management family services firm Whitnell & Co.

* Associated Banc-Corp - ‍transaction is not expected to have a material impact on Associated’s 2017 earnings​

* Associated Banc-Corp - ‍as part of proposed transaction, Whitnell will continue to operate as a subsidiary of Associated and retain Whitnell brand​

* Associated Banc-Corp - ‍acquisition is expected to increase both Associated assets under management and related run-rate revenue by more than 10 pct​

* Associated Banc-Corp - ‍transaction is expected to be accretive to Associated’s 2018 earnings​

* Associated Banc-Corp - ‍William E. Thonn, current president and ceo of Whitnell will continue in his role and serve as a member of Whitnell board​

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