Tag archive for ‘Banking acquisition news’
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

(adsbygoogle = window.adsbygoogle || []).push({}); Eastern Bankshares has agreed to acquire rival Boston-based bank holding company Century Bancorp in an all-cash deal worth $642 million. While Eastern 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...

Union Bank of India wraps up IT integration of Andhra Bank
By businessnewstoday On Tuesday, January 26th, 2021
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Union Bank of India wraps up IT integration of Andhra Bank

Union Bank of India (UBI) said that the IT integration of all erstwhile Andhra Bank’s branches have been wrapped up. It can be recalled that the IT integration of all the branches of erstwhile Corporation Bank More...

First Abu Dhabi Bank to acquire the Egyptian subsidiary of Bank Audi sal.
By Soujanya Ravi On Thursday, January 21st, 2021
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Bank Audi sal to sell Egyptian subsidiary to First Abu Dhabi Bank

Lebanon-based Bank Audi sal has agreed to divest its Egyptian subsidiary – Bank Audi sae to UAE-based First Abu Dhabi Bank (FAB) for an undisclosed price. Bank Audi sae was launched following the acquisition More...

PNC Financial Services, the owner of PNC Bank, to acquire BBVA USA Bancshares for $11.6bn
By businessnewstoday On Monday, November 16th, 2020
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PNC Financial Services to acquire BBVA USA Bancshares for $11.6bn

PNC Financial Services Group has signed an all-cash deal worth $11.6 billion to acquire BBVA USA Bancshares, the US banking arm of Spanish banking giant BBVA. Based in Texas, BBVA USA Bancshares, through its subsidiary More...

Pinnacle Bankshares wraps up merger with Virginia Bank Bankshares
By businessnewstoday On Tuesday, November 3rd, 2020
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Pinnacle Bankshares wraps up merger with Virginia Bank Bankshares

Pinnacle Bankshares, the holding company for First National Bank, has wrapped up its merger with Virginia Bank Bankshares, the holding company for Virginia Bank and Trust. According to Pinnacle Bankshares, the merger More...

Equity Bancshares acquires Almena State Bank in Kansas
By businessnewstoday On Wednesday, October 28th, 2020
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Equity Bancshares acquires Almena State Bank in Kansas

Equity Bancshares has acquired all the deposits and assets of Almena State Bank for an undisclosed price, in a move to expand its presence in Kansas. A purchase and assumption agreement was facilitated by the Federal More...

Michigan-based Community Shores Bank integrates into ChoiceOne Bank
By businessnewstoday On Tuesday, October 20th, 2020
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Michigan-based Community Shores Bank integrates into ChoiceOne Bank

ChoiceOne Financial Services, the parent company of Michigan-based ChoiceOne Bank, has completed consolidation of its previously announced $20.88 million acquisition with Community Shores Bank. Following this, Community More...