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IBERIABANK Corp. secures approvals for Sabadell United Bank NA deal

IBERIABANK Corp. secured approvals from the Federal Reserve Board and the Louisiana Office of Financial Institutions for its pending acquisition of Miami-based Sabadell United Bank NA from parent Spain-based Banco de Sabadell SA.

The Lafayette, La.-based company anticipates closing the deal by the end of the third quarter and set its completion for branch and operating system conversion for the middle of October.