Brief: Alerus Financial Corporation And HMN Financial, Inc. Jointly Announce Strategic Transaction
15/05/2024 13:38
May 15 (Reuters) - Alerus Financial Corp ALRS.O :
* ALERUS FINANCIAL CORPORATION AND HMN FINANCIAL, INC.
JOINTLY
ANNOUNCE STRATEGIC TRANSACTION
* HMN FINANCIAL INC: TRANSACTION VALUED AT APPROXIMATELY
$116.4
MILLION
* HMN FINANCIAL INC: HMNF WILL MERGE WITH AND INTO ALERUS
* HMN FINANCIAL INC: HOME FEDERAL WILL MERGE WITH AND INTO
ALERUS'
WHOLLY-OWNED BANK SUBSIDIARY, ALERUS FINANCIAL, NATIONAL
ASSOCIATION
* HMN FINANCIAL INC: PROPOSED DEAL FOR $25.86 PER SHARE
Source text for Eikon: ID:nGNX2y0f5D
Further company coverage: ALRS.O
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Alerus Financial Corporation And HMN Financial, Inc. Jointly Announce Strategic Transaction