In its second deal in three days and its 12th since November, Union Planters Corp. said Wednesday that it had agreed to buy Ambanc Corp. of Vincennes, Ind., for $211 million in stock.

The pact would bring Union Planters into Indiana for the first time while adding to the network it is building in neighboring Illinois.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.