Eastern /
HarborOne and HarborOne Bank
Eastern Bankshares to acquire HarborOne and HarborOne Bank
Source for the buyer and target: Eastern Bankshares, Inc.
For the buyer and target.
“Pursuant to the terms and subject to the conditions set forth in the Merger Agreement, Eastern will acquire HarborOne and HarborOne Bank through the merger of HarborOne with and into Eastern, with Eastern as the surviving entity (the “Holdco Merger”), and, immediately thereafter, the merger of HarborOne Bank with and into Eastern Bank, with Eastern Bank as the surviving entity (the “Bank Merger” and, together with the Holdco Merger, the “Merger Transaction”).”
Published 16 Oct 2025
Open the sourceWhat happened
Eastern Bankshares, Inc. will acquire HarborOne and HarborOne Bank through a merger transaction, under an agreement entered into on April 24, 2025. [01]
HarborOne shareholders may elect stock consideration, cash consideration of $12.00 per share, or a combination of the two, subject to the merger agreement’s allocation and proration procedures. [01]
The source
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Eastern Bankshares to acquire HarborOne and HarborOne Bank
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Open the sourceTimeline
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Also stated
“Eastern Bankshares to acquire HarborOne and HarborOne Bank Eastern Bankshares, Inc. will acquire HarborOne and HarborOne Bank through a merger transaction, under an agreement entered into on April 24, 2025”
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