Atlantic Union Bankshares to boost Mid-Atlantic presence with Sandy Spring Bancorp acquisition

Atlantic Union Bankshares to boost Mid-Atlantic presence with Sandy Spring Bancorp acquisition

Atlantic Union Bankshares Corporation (NYSE: AUB) has announced a definitive agreement to acquire Sandy Spring Bancorp (Nasdaq: SASR) in a $1.6 billion all-stock transaction, set to reshape the mid-Atlantic banking landscape. The deal aims to consolidate Atlantic Union’s presence, making it the largest regional bank headquartered in the lower mid-Atlantic and expanding its influence in […]

Wintrust Financial Corporation finalises merger with Macatawa Bank Corporation

Wintrust Financial Corporation finalises merger with Macatawa Bank Corporation

Wintrust Financial Corporation has completed its acquisition of Macatawa Bank Corporation in a high-profile all-stock transaction valued at approximately $510.3 million. This strategic merger, first announced in April 2024, marks a significant expansion of Wintrust’s footprint into the West Michigan banking sector, effectively integrating Macatawa’s operations and reinforcing Wintrust’s community banking model. Macatawa Bank, headquartered […]

American Industrial Partners acquires AGCO’s grain and protein division in major industry move

American Industrial Partners acquires AGCO’s grain and protein division in major industry move

American Industrial Partners has announced a significant acquisition, taking over the Grain & Protein division of AGCO Corporation. This strategic move marks a pivotal moment for both companies, highlighting American Industrial Partners’ expanding footprint in the industrial sector and AGCO Corporation’s ongoing efforts to streamline its focus. A Strategic Acquisition for Growth and Efficiency The […]