M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Bladex and Santander close financing package for Grupo BSC's $1.4 billion Banistmo deal
Bladex and Santander co-structured and jointly underwrote the acquisition financing for Grupo Financiero BSC's takeover of Panama's Banistmo, announcing the closing of the package on 9 July.
UniCredit lifts combined Commerzbank position to 47.59% after final tender-offer results
UniCredit's voluntary tender offer for Commerzbank attracted 17.60% of shares, lifting its combined position to 47.59% of share capital, the Italian bank said.
European Commission clears Zurich Insurance's £8.1 billion all-cash acquisition of Beazley
The European Commission has cleared Zurich Insurance's £8.1 billion cash offer for Beazley under the simplified EU merger review procedure.
ING Group agrees to buy 40% stake in Spain's Singular Bank from Warburg Pincus
ING is buying a 40% non-controlling stake in Spanish private bank Singular Bank from Warburg Pincus to accelerate its private banking growth in Spain.
Nigeria's Providus Bank and Unity Bank complete merger, unveil ProvidusUnity Bank identity
Providus Bank and Unity Bank have completed their court-sanctioned merger to form ProvidusUnity Bank, with the combined ProvidusUnity Bank commencing operations at the end of June 2026.
India's Kotak Mahindra Bank to acquire Deutsche Bank's India retail and wealth business for Rs 282 crore
Kotak Mahindra Bank has agreed to acquire Deutsche Bank's India retail, private banking and wealth business for Rs 282 crore, with completion expected by September 2027.
Japan's SBI Holdings agrees to acquire crypto exchange Bitbank for JPY 46.7 billion
SBI Holdings will acquire Tokyo crypto exchange Bitbank for JPY 46.7bn (~USD 289m) via cash purchases and a new-share subscription, subject to JFTC clearance.
Independent Bank Corporation wins shareholder approval to acquire HCB Financial
IBCP secured HCB shareholder approval for its acquisition of HCB Financial and Highpoint Community Bank, with the merger expected to be effective 1 July 2026.
Germany rejects UniCredit's Commerzbank offer as initial acceptance period ends
UniCredit put tendered shares at 12.41% of Commerzbank's capital at the last interim cut-off, taking its holding to 42.4%, as Germany's finance agency formally turned down the bid for the state's 12% stake.
Canada's Nuvei agrees to acquire New York-based Payoneer for $2.75 billion
Canadian payments processor Nuvei agreed to acquire New York-based Payoneer for about $2.75 billion in cash, a deal the companies said would create a global platform for local and cross-border commerce.
ING reduces stake in Thailand's TMBThanachart Bank to 19.5 percent
ING cut its stake in Thailand's TMBThanachart Bank from 23.1% to 19.5% via the Thai lender's share buyback, generating about €243 million in gross proceeds based on current exchange rates.
ODNB Financial and National Capital Bancorp announce merger of equals in Washington DC
ODNB and NACB agreed a merger of equals to create a top-tier Washington DC community bank with roughly $2.4 billion in assets, renamed National Capital Bancorp.