M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Angola Approved Sale of 34% Standard Bank Angola Stake Seized From Convicted Tycoon
Angola's Capital Market Commission approved a public offer of 4.76 million shares, or 34% of Standard Bank de Angola, targeting proceeds of up to 208.5 billion kwanzas from assets seized from Carlos São Vicente.
EverBank and WaFd Agreed $3.9 Billion Reverse Merger Creating $75 Billion United States Lender
EverBank Financial Corp and WaFd, Inc. agreed on Monday to an all-stock reverse merger valued at $3.9 billion, creating a lender with roughly $75 billion in assets and 254 branches.
Barclays Leads €2.4 Billion Debt Package Backing Lone Star's ContiTech Acquisition From Continental
A lender group led by Barclays is preparing a €2.4 billion financing package, comprising a €1.9 billion term loan and a €500 million high-yield bond, to fund Lone Star Funds' purchase of ContiTech.
United States: First Citizens Bank Completes 138-Branch BMO Acquisition Adding $5 Billion in Deposits
First Citizens Bank completed the acquisition and conversion of 138 branches from BMO Bank N.A. on 4 September, assuming approximately $5 billion in deposits.
Angola Approved Sale of 34% Standard Bank de Angola Stake Seized From Jailed Tycoon
Angola's Capital Market Commission approved the public sale of 4.76 million shares, representing 34% of Standard Bank de Angola, in an offering that could raise as much as 208.5 billion kwanzas.
Angola's Capital Market Commission Approves Public Sale of 34% Stake in Standard Bank de Angola
Angola cleared a public offering of 4.76 million shares, or 34%, in Standard Bank de Angola from 11-25 September at 41,220-50,000 kwanza per share.
Bahrain's AMEX Middle East to Acquire 50% of American Express Saudi Arabia From Saudi Investment Bank for SAR 1.4 Billion
AMEX (Middle East) has agreed to buy the 50% stake in American Express Saudi Arabia held by The Saudi Investment Bank for SAR 1.4 billion in cash plus deferred consideration.
Central Bank of Kenya Approves Nedbank's Acquisition of up to 66% of NCBA Group
The Central Bank of Kenya has cleared Nedbank Group's partial offer for up to 66% of NCBA Group, a $855 million transaction first announced in January 2026.
Santander UK Completes £2.65 Billion Cash Acquisition of TSB Banking Group from Sabadell
Santander UK confirmed completion of its £2.65 billion cash acquisition of TSB Banking Group from Banco Sabadell, with the deal closing on 30 April 2026.
US Victory Capital to Acquire First Eagle Investments in $7 Billion Deal Creating $571 Billion Manager
Victory Capital agreed to acquire First Eagle Investments for approximately $7 billion, creating a $571 billion diversified global asset manager.
Monte dei Paschi Launches €34 Billion All-Share Bids for Banco BPM and Banca Generali
Italy's Monte dei Paschi launched all-share offers worth about €34 billion for Banco BPM and Banca Generali, with a €4 billion extraordinary distribution proposed to shareholders.
Spain's Banco Santander Completes $12.3 Billion Acquisition of Webster Financial Corporation
Santander closed its $12.3 billion acquisition of Webster Financial, issuing 329.8 million new shares and giving Webster holders close to 2.2% of the enlarged group.