September 8, 2017 / 8:08 PM / 15 days ago

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​

Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below