Tag: Banking acquisition news
Crédit Agricole sells 63.7% stake in Crédit du Maroc to Holmarcom
French banking group Crédit Agricole said that it effectively divested the first tranche of 63.7% of the stake it has in Crédit du Maroc to ... Read More
Eurobank to increase stake in Hellenic Bank to 26% in €70m deal
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings (Eurobank Holdings), has agreed to acquire a 13.41% stake in Hellenic Bank Public Company, a ... Read More
U.S. Bancorp closes $8bn acquisition of MUFG Union Bank
U.S. Bancorp has wrapped up the previously announced $8 billion acquisition of the core regional banking franchise of MUFG Union Bank from Mitsubishi UFJ Financial ... Read More
HSBC to divest HSBC Canada to Royal Bank of Canada for $10bn
HSBC Holdings, through its wholly-owned subsidiary HSBC Overseas Holdings (UK), has agreed to sell HSBC Canada to the Royal Bank of Canada (RBC) for a ... Read More
First Community Bankshares to acquire North Carolina-based Surrey Bancorp
Virginia-based First Community Bankshares has agreed to acquire Surrey Bancorp, a bank holding company in North Carolina and its banking subsidiary, Surrey Bank & Trust ... Read More
Washington Federal to acquire Luther Burbank in $654m deal
Seattle-based Washington Federal, the holding company for Washington Federal Bank, has agreed to acquire California-based Luther Burbank and its fully-owned subsidiary, Luther Burbank Savings, in ... Read More
Republic Bancorp to acquire Commercial Industrial Finance owner CBank
US-based Republic Bancorp, the holding company of Republic Bank & Trust (Republic Bank), has agreed to acquire CBank and its fully-owned subsidiary Commercial Industrial Finance ... Read More
HV Bancorp to merge with Citizens Financial Services in $67m deal
HV Bancorp (HVBC), the holding company for Huntingdon Valley Bank (HVB), will merge with rival US bank holding company Citizens Financial Services (CZFS), the owner ... Read More
Seacoast Banking acquires Apollo Bank and Drummond Community Bank
Seacoast Banking Corporation of Florida has completed the $304 million acquisition of the parent companies of Apollo Bank and Drummond Community Bank. The transaction, which ... Read More
Home Federal Bancorp to acquire Louisiana rival Northwest Bancshares
Louisiana-based Home Federal Bancorp, the holding company of Home Federal Bank, has signed an agreement to acquire Northwest Bancshares, the holding company of the First ... Read More
