M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Turkey's TMSF Acquires 79% Controlling Stake in Troubled Bank Pozitif
Turkey's state deposit insurance fund TMSF has taken a controlling 79% stake in Bank Pozitif as part of its mandate to resolve troubled financial institutions.
Greece's Piraeus Bank Acquires 90.01% of Ethniki Insurance in Bancassurance Expansion
Piraeus Bank has completed its acquisition of a 90.01% stake in Ethniki Insurance, cementing its bancassurance strategy and opening a new fee income stream.
Shizuoka, Yamanashi Chuo, and Hachijuni Banks Sign Comprehensive Business Alliance in Japan
Three Japanese regional banks — Shizuoka Bank, Yamanashi Chuo Bank, and Hachijuni Bank — signed a comprehensive business alliance in March 2025 as a potential precursor to deeper consolidation.
Japan's Chiba Bank Acquires Nearly 20% Stake in Chiba Kogyo Bank Amid Regional Consolidation Wave
Chiba Bank has acquired approximately a 20% stake in Chiba Kogyo Bank, the latest move in Japan's accelerating regional bank consolidation as lenders seek scale ahead of rising interest rates.
Société Générale Completes Sale of Benin and Togo Operations to State of Benin
Société Générale has completed the transfer of its 93.43% stake in SG Benin and its SG Togo branch to the State of Benin, fully exiting both West African markets.
MPS Clears 40% Acceptance in First Bid Period for Mediobanca Despite Nagel's Rejection Call
Monte dei Paschi di Siena's takeover offer for Mediobanca reached roughly 40% acceptance in its first phase, even as CEO Alberto Nagel urged shareholders to reject the bid.
HSBC Agrees to Sell Bahrain Retail Banking Business to Bank of Bahrain and Kuwait
HSBC has agreed to transfer its Bahrain retail banking operations — including around 76,000 customers — to the government-backed Bank of Bahrain and Kuwait, with completion expected by Q4 2025.
National Bank of Canada Completes C$5.3 Billion Acquisition of Canadian Western Bank
National Bank of Canada has closed its C$5.3 billion acquisition of Canadian Western Bank, the largest Canadian bank deal in over a decade, securing a national footprint.
Vietcombank Plans 2025 Strategic Stake Sale as Mizuho Eyes Increased Holding
Vietcombank has announced plans to sell a strategic investor stake in 2025 after postponing the move from 2024 due to unfavourable market conditions.
BNP Paribas Secures Regulatory Approvals for €5.1 Billion AXA Investment Managers Acquisition
BNP Paribas confirmed it has obtained ECB and national regulatory approvals for its €5.1bn acquisition of AXA Investment Managers, keeping the deal on track for a June 2025 close.
Egypt M&A Deal Volume Rises 27.3% in 2024 as Financial Sector Records 13 Inbound Transactions
Egypt's M&A deal volume rose 27.3% in 2024, with the financials sector recording 13 inbound deals, second only to materials, per Baker McKenzie and LSEG data.
Kuwait Finance House Formally Launches KFH Egypt with Full Islamic Banking Operations
Kuwait Finance House formally launched KFH Egypt in February 2025, completing the rebranding of Ahli United Bank Egypt and marking KFH Group's entry into the Egyptian banking market.