M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Capital One Wins Regulatory Approval from the Fed and OCC for $35 Billion Acquisition of Discover Financial
The Federal Reserve and OCC approved Capital One's $35bn acquisition of Discover Financial on 18 April 2025, creating the largest US credit card issuer by loan balances.
Abu Dhabi Investment Authority to invest Rs 2,624 crore in India's IDFC FIRST Bank
IDFC FIRST Bank's board approved a Rs 7,500 crore preferential issue on 17 April 2025, with Warburg Pincus taking Rs 4,876 crore and ADIA Rs 2,624 crore, subject to shareholder and regulatory approvals.
Germany's Bundeskartellamt Clears UniCredit to Acquire Up to 29.99% Stake in Commerzbank
Germany's Federal Cartel Office granted competition clearance for UniCredit to acquire up to 29.99% of Commerzbank, after the ECB had granted supervisory approval on 14 March 2025.
Ahlibank Oman Board Accepts Merger Letter of Intent from Sohar International, Opening Due Diligence Phase
Ahlibank Oman's board accepted Sohar International's merger letter of intent on 10 April 2025, establishing an exclusivity period for due diligence and negotiations.
Sohar International Proposes Merger With Ahli Bank Oman to Create a Lender With Assets of More Than $28 Billion
Sohar International Bank has submitted a letter of intent to Ahli Bank Oman proposing a merger, with the combined entity set to hold more than OMR 11 billion (about $29 billion) in assets.
Peach Payments to Acquire Senegal's PayDunya to Enter Mainland Francophone Africa
South Africa's Peach Payments has agreed to acquire Senegal-based PayDunya for an undisclosed sum, marking its first operational entry into mainland Francophone Africa.
Brazil's BRB Awaits Central Bank and CADE Approval for Banco Master Acquisition
BRB's 58% acquisition of Banco Master entered regulatory review by Brazil's Central Bank and CADE after the deal was announced on 28 March 2025, excluding R$23bn in non-core assets.
BRB Acquires 58% Stake in Brazil's Banco Master for R$2 Billion
Banco de Brasília agreed to acquire 58% of Banco Master for R$2 billion, valuing the private lender at R$3.45 billion, subject to regulatory approvals.
Japan's Chiba Bank Acquires Nearly 20% Stake in Chiba Kogyo Bank
Chiba Bank has agreed to acquire a 19.9% stake in Chiba Kogyo Bank from Ariake Capital, and Chiba Kogyo Bank said it would hold talks with Chiba Bank on strengthening their relationship.
Kaspi.kz Signs Share Purchase Agreement to Acquire Rabobank's Turkish Subsidiary
Kazakhstan's Kaspi.kz has signed a share purchase agreement to buy Rabobank A.Ş., the Dutch lender's Turkish subsidiary, subject to regulatory approval from Turkey's BRSA.
KCB Group Acquires 75% Stake in Kenyan Fintech Riverbank Solutions for $15m
KCB Group has agreed to acquire a 75% stake in Kenyan fintech Riverbank Solutions for approximately $15 million, expanding its digital banking capabilities in East Africa.
DBS Group Incoming CEO Tan Su Shan Signals Openness to Bolt-On Acquisitions, Rules Out Large-Scale M&A
DBS's incoming CEO Tan Su Shan has said the Singapore bank would consider accretive bolt-on deals that fit its strategy while ruling out large-scale M&A.