Tag archive for ‘Banking acquisition news’
Liberty Bank and Trust to acquire Tri-State Bank of Memphis for $965m
By businessnewstoday On Saturday, June 5th, 2021
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Liberty Bank and Trust to acquire Tri-State Bank of Memphis for $965m

(adsbygoogle = window.adsbygoogle || []).push({}); Liberty Bank and Trust Company has agreed to acquire Tri-State Bank of Memphis in an all-cash deal worth around $965 million in a move to More...

Dollar Mutual Bancorp completes $156m merger with Standard AVB Financial
By businessnewstoday On Sunday, May 30th, 2021
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Dollar Mutual Bancorp completes $156m acquisition of Standard AVB Financial

Dollar Mutual Bancorp has wrapped up its previously announced $156 million worth acquisition of rival Pennsylvania-based bank holding company Standard AVB Financial Corp. While Dollar Mutual Bancorp is the mutual More...

Glacier Bancorp to acquire Utah-based Altabancorp for $933m
By businessnewstoday On Sunday, May 23rd, 2021
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Glacier Bancorp to acquire Utah-based Altabancorp for $933m

Glacier Bancorp, a Montana-based commercial banking company, has agreed to acquire Altabancorp, the holding company for Utah-based community bank Altabank for $933.5 million. Headquartered in American Fork, Altabank More...

PNC Financial Services, the owner of PNC Bank, to acquire BBVA USA Bancshares for $11.6bn
By businessnewstoday On Sunday, May 16th, 2021
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PNC Financial gets regulatory nod for $11.6bn acquisition of BBVA USA

The PNC Financial Services Group has secured key regulatory approvals in the US needed for wrapping up the previously announced $11.6 billion acquisition of BBVA USA Bancshares. The approvals to the all-cash deal More...

New York Community Bancorp to acquire Flagstar Bancorp for $2.6bn
By businessnewstoday On Monday, April 26th, 2021
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New York Community Bancorp to acquire Flagstar Bancorp for $2.6bn

New York Community Bancorp (NYCB) has signed an all-stock deal to acquire Michigan-based Flagstar Bancorp (FBC) for about $2.6 billion. Flagstar Bancorp is a $29.4 billion savings and loan holding firm that owns More...

Independent Bank Corp, Meridian Bancorp to merge in $1.1bn deal
By businessnewstoday On Sunday, April 25th, 2021
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Independent Bank Corp, Meridian Bancorp to merge in $1.1bn deal

Independent Bank Corp., the holding company of Rockland Trust Company, and Meridian Bancorp, the parent company of East Boston Savings Bank, have agreed to merge into an all-stock deal worth around $1.15 billion. Both More...

Eastern Bankshares, Century Bancorp sign $642m merger deal
By businessnewstoday On Thursday, April 8th, 2021
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Eastern Bankshares to acquire Century Bancorp in $642m deal

Eastern Bankshares has agreed to acquire rival Boston-based bank holding company Century Bancorp in an all-cash deal worth $642 million. While Eastern Bankshares is the holding company for Eastern Bank, Century More...

Banco Santander offers to take full ownership of Santander México in €550m deal
By businessnewstoday On Sunday, March 28th, 2021
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Santander offers to take full ownership of Santander México in €550m deal

Banco Santander revealed intentions to make a cash offer of 24 Mexican pesos per share or €550 million to acquire the remaining 8.3% stake in its Mexican subsidiary Santander México. According to the Spanish More...

Fidelity D & D Bancorp to acquire Landmark Bancorp for $43m
By businessnewstoday On Sunday, February 28th, 2021
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Fidelity D & D Bancorp to acquire Landmark Bancorp for $43m

Fidelity D & D Bancorp has agreed to acquire rival Pennsylvania-based bank holding company Landmark Bancorp in a cash-cum-stock deal worth $43.4 million. Landmark Bancorp is the holding company of Landmark Community More...

M&T Bank to acquire People's United Financial in $7.6bn al-stock deal
By businessnewstoday On Sunday, February 28th, 2021
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M&T Bank to acquire People’s United Financial in $7.6bn all-stock deal

M&T Bank Corporation has signed an all-stock deal worth around $7.6 billion to acquire rival US bank holding company People’s United Financial. Headquartered in Bridgeport, Connecticut, People’s More...