M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
BTG Pactual Proposes to Acquire Remaining Banco Pan Shares at a 30% Premium, Creating Wholly-Owned Subsidiary
BTG Pactual launched a binding offer on 14 October 2025 to buy the minority stake in Banco Pan at a premium exceeding 30%, converting the consumer lender into a fully owned subsidiary.
Fifth Third Bancorp Agrees $10.9 Billion All-Stock Deal to Acquire Comerica, Targeting Ninth-Largest US Bank
Fifth Third Bancorp announced a $10.9 billion all-stock acquisition of Comerica, offering a 20% premium and creating a combined bank with approximately $288 billion in assets.
Nigeria's Banking Sector Divides as Only Six Listed Banks Meet CBN Recapitalisation Threshold
Only six of Nigeria's 13 listed banks had met the CBN's new minimum capital requirement by September 2025, leaving the remainder facing mergers, capital raises, or licence downgrades.
Miners and Merchants Bancorp Completes Acquisition of First Community Corporation in Pennsylvania
Miners and Merchants Bancorp closed its acquisition of First Community Corporation on 1 October 2025, boosting its market share and geographic reach across Pennsylvania.
First National Bank of Omaha Closes Acquisition of CCB Financial Corporation
First National Bank of Omaha completed its acquisition of CCB Financial Corporation on 1 October 2025, five months after announcing the deal, expanding into new geographic markets.
South Africa's FirstRand Acquires 20% Stake in UAE Digital Finance Platform Optasia for R4.7 Billion
FirstRand has agreed to acquire a 20% stake in UAE-based Optasia for R4.7 billion ($279 million), the largest single deal by an African bank in 2025.
Saudi Real Estate Refinance Company Purchases Arab National Bank Mortgage Portfolio
SRC, a Public Investment Fund entity, has signed an agreement to buy a mortgage portfolio from Arab National Bank, deepening Saudi Arabia's secondary mortgage market.
Banca Monte dei Paschi di Siena Acquires 86.3% of Mediobanca in €16.5 Billion Deal
MPS has secured 86.3% of Mediobanca in a €16.5bn deal combining Italian retail banking with the country's premier investment bank.
Commerzbank Launches Up-to-€1 Billion Buyback to Counter UniCredit's Advance
Commerzbank announced a buyback of up to €1 billion to return capital to shareholders as it seeks to fend off a takeover approach from Italy's UniCredit.
BBVA Raises Hostile Bid for Spain's Sabadell by 10% to €17 Billion
BBVA sweetened its hostile takeover offer for Banco Sabadell by 10%, valuing the Spanish lender at €17 billion, but Sabadell's chief executive swiftly rejected the improved terms.
SMBC Completes 20% Stake in Yes Bank and Agrees to Buy Additional 4.2% from Carlyle Affiliate in India
SMBC completed its 20% acquisition of Yes Bank on 18 September 2025 and agreed to buy a further 4.2% from Carlyle affiliate CA Basque Investments for roughly Rs 28.5 billion.
HSBC Agrees to Sell 70% Stake in HSBC Malta to Greece's CrediaBank for EUR 200 Million
HSBC Continental Europe agreed on 16 September 2025 to sell its 70.03% stake in HSBC Malta to Greek lender CrediaBank for EUR 200 million, with completion targeted by end-2026.