National Bank Holdings to boost operations in Colo., Kan. with latest deal

Mortgage

National Bank Holdings in Greenwood Village, Colo., has agreed to buy Peoples Inc. in Lawrence, Kan.

The $4.7 billion-asset National Bank said in a press release Monday that it will pay $143 million in cash and stock for the $865 million-asset parent of Peoples National Bank in Colorado and Peoples Bank in Kansas. The deal is expected to close in the fourth quarter.

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