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Berkshire Hills and Brookline Bancorp merge in a $1.1 billion deal, creating New England's largest bank.
Berkshire Hills Bancorp and Brookline Bancorp are merging in a deal valued at $1.1 billion, creating a bank with nearly $24 billion in assets and about 150 branches across New England.
The merger, expected to close by late 2025, will be led by Brookline's CEO Paul Perrault, with equal board representation from both companies.
The combined entity will operate under a new name to be announced.
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Berkshire Hills y Brookline Bancorp se fusionan en un acuerdo de $1,1 mil millones, creando el mayor banco de Nueva Inglaterra.