Gallagher to acquire retail insurance agency MTIA from M&T Bank

Gallagher to acquire retail insurance agency MTIA from M&T Bank

Arthur J. Gallagher & Co. (Gallagher) has agreed to acquire M&T Insurance Agency, Inc. (MTIA), a retail insurance agency, from M&T Bank Corporation for an undisclosed price. Established in 1955, M&T Insurance Agency provides a range of property and casualty products, tailored group benefits, and surety solutions The retail insurance agency serves the Northeast and […]

M&T Bank to acquire People’s United Financial in $7.6bn all-stock deal

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 United Financial is the holding company of People’s United Bank. Established in 1842, People’s United Bank provides commercial and retail banking via more than 400 retail locations across […]