BHLB to Buy Brookline Bancorp for $1.14B, Expand Footprint

Berkshire Hills Bancorp, Inc. (BHLB) has agreed to acquire Brookline Bancorp, Inc. (BRKL) and its subsidiary, Brookline Bank. The all-stock transaction has been valued at roughly $1.14 billion.The deal is expected to be closed by Sept. 30, 2025, subject to requisite regulatory approvals and shareholders’ approvals of both entities. The merger agreement has been approved by the board of directors of both entities.Upon closure, Brookline will be merged into Berkshire and Brookline Bank will be merged into Ber ...