M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
UniCredit Forces Commerzbank Showdown With Exchange Offer
UniCredit is offering Commerzbank shareholders an exchange ratio of 0.485 UniCredit shares per Commerzbank share, implying a price of approximately 30.80 euros per share, representing a four percent premium to the closing price on March 13.
Santander's $12 Billion Webster Bid Signals U.S. Banking Ambitions
The deal represents Santander's first U.S. retail bank acquisition in approximately 17 years.
Egypt to IPO or Sell Stakes in 20 State Firms Including Banque du Caire, AlexBank
Egypt's government plans to IPO or sell stakes in at least 20 state-owned enterprises, including Banque du Caire and Alex Bank, as part of a push to raise $3-4 billion in inflows by year-end. A government source said timelines would be finalised immediately after the Eid El Fitr break.
Kredivo Snaps Up Vietnam's Timo in Digital Banking Push
Indonesian fintech firm Kredivo Group has signed final paperwork to acquire Timo, one of Vietnam's pioneering digital banking platforms, Tech in Asia reported.
Monte dei Paschi and Mediobanca Approve Merger Plan Targeting €3.7 Billion Profit by 2030
MPS and Mediobanca approved a full merger plan under which MPS will increase its share capital by up to €1.6 billion through the issue of up to 272 million new shares, at a ratio of 2.45 MPS shares per Mediobanca share.
Standard Chartered Launches Sale Process for Botswana Subsidiary Amid Africa Retail Exit
Standard Chartered has begun a formal sale process for its Botswana unit, with Nedbank, Absa, Standard Bank, and FirstRand among the potential bidders.
Nicolet Bankshares Completes Merger with MidWestOne Financial Group, Creating a $15 Billion Upper Midwest Community Bank
Nicolet Bankshares has completed its merger with MidWestOne Financial Group, creating an Upper Midwest community bank with ~$15 billion in assets and more than $9 billion in wealth assets under administration.
Nuveen agreed £9.9bn cash takeover of Schroders
The TIAA-owned asset manager agreed to buy the London-listed fund house for £5.90 a share, creating a combined business with nearly $2.5 trillion of assets under management.
Banco Santander Announces $12.3 Billion Acquisition of Webster Bank to Create US Top-10 Lender
Banco Santander has agreed to acquire Webster Financial in a $12.3 billion cash-and-stock deal that would create a top-10 US retail and commercial bank with roughly $327 billion in assets.
Fifth Third Bancorp Completes $10.9 Billion All-Stock Acquisition of Comerica, Creating Ninth-Largest US Bank
Fifth Third Bancorp closed its $10.9 billion all-stock takeover of Comerica on 1 February 2026, creating the ninth-largest US bank with expanded reach into Texas, California and Arizona.
Huntington Bancshares Completes $7.4 Billion Acquisition of Cadence Bank, Joining Top 10 US Banks
Huntington Bancshares closed its $7.4 billion all-stock deal to acquire Cadence Bank on 1 February 2026, pushing the combined institution into the top 10 US banks by assets.
Vietcombank Plans Private Placement of 543 Million Shares With Mizuho Able to Raise Stake to 20%
Vietcombank announced a private placement of 543.1 million shares, up to 6.5% of outstanding stock, with Mizuho Bank eligible to increase its holding from 14.96% to 20%.