Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. jointly announced that they have received all necessary regulatory approvals to complete their proposed merger. This marks a significant step forward for the transaction, which was initially announced on April 24, 2025.
The receipt of these approvals clears a major regulatory hurdle, paving the way for the integration of HarborOne into Eastern Bankshares. This development provides increased certainty regarding the merger's completion.
The companies now expect the merger to close on or about November 1, 2025. This timeline aligns with the previously communicated expectations for the transaction, which aims to create a stronger, more competitive regional bank.
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