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  6. Old National Bank Acquires Warrick National Bank

M&A Deal Summary

Old National Bank Acquires Warrick National Bank

On May 9, 1990, Old National Bank acquired financial services company Warrick National Bank for 131M USD

Acquisition Highlights
  • This is Old National Bank’s 3rd transaction in the Financial Services sector.
  • This is Old National Bank’s 2nd largest (disclosed) transaction.
  • This is Old National Bank’s 3rd transaction in the United States.
  • This is Old National Bank’s 1st transaction in Indiana.

M&A Deal Summary
Date 1990-05-09
Target Warrick National Bank
Sector Financial Services
Buyer(s) Old National Bank
Deal Type Add-on Acquisition
Deal Value 131M USD
Advisor(s) Dentons Bingham Greenebaum (Legal)

Target

Warrick National Bank

Boonville, Indiana, United States
Warrick National Bank offers personal banking products and services, including current, savings, and Murabaha accounts, as well as time deposits;

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Buyer(S) 1

Buyer

Old National Bank

Evansville, Indiana, United States
Category Company
Founded 1834
Sector Financial Services
Employees3,955
Revenue 1.8B USD (2023)
DESCRIPTION

Old National Bank is a financial services holding company. Old National Bank was founded in 1834 and is based in Evansville, Indiana.

DEAL STATS #
Overall 3 of 20
Sector: Financial Services M&A 3 of 17
Type: Add-on Acquisition M&A Deals 3 of 15
State: Indiana M&A 1 of 10
Country: United States M&A 3 of 20
Year: 1990 M&A 2 of 2
Size (of disclosed) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-03-07 Farmers Bank National Association

Owensboro, Kentucky, United States

Farmers Bank National Association is a provider of various banking services and products.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1991-04-25 Southern Illinois Holding

Carmi, Illinois, United States

Southern Illinois Holding Co. operates as a bank holding company provides various banking services and products.

Buy $4M
Mergr

Product

Company

Legal