M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Societe Generale Completes Sale of Mozambique and Burkina Faso Subsidiaries to Vista Group
Societe Generale has finalised the transfer of its 65% stake in Banco SG Mozambique to Vista Group, completing a deal first announced in December 2023.
BNP Paribas Enters Exclusive Negotiations to Acquire AXA Investment Managers for €5.1 Billion
BNP Paribas has entered exclusive talks to buy AXA Investment Managers for €5.1 billion, adding roughly €850 billion in assets under management to its platform.
BNP Paribas Enters Exclusive Talks to Acquire AXA Investment Managers for EUR 5.1 Billion
BNP Paribas has entered exclusive negotiations to buy AXA Investment Managers for EUR 5.1 billion, a deal that would create one of Europe's largest asset managers.
Wintrust Financial Completes $510 Million Merger with Macatawa Bank Corporation
Wintrust Financial has closed its $510.3 million acquisition of Macatawa Bank, expanding to more than 200 banking locations across sixteen community bank subsidiaries.
ANZ Group Completes A$4.9 Billion Acquisition of Suncorp Bank in Australia
ANZ has completed its A$4.9 billion acquisition of Suncorp Bank following more than two years of regulatory review, court challenges, and enabling Queensland legislation.
Societe Generale Signs Agreement to Sell 93.43% Stake in SG Benin to the State of Benin
Societe Generale has signed an agreement to sell its 93.43% stake in SG Benin, including its Togo branch, to the State of Benin, with completion expected by end of Q1 2025.
Australia's Treasurer Approves ANZ Group's A$4.9 Billion Acquisition of Suncorp Bank
Federal Treasurer Jim Chalmers approved ANZ's A$4.9 billion takeover of Suncorp Bank on 27 June 2024, ending nearly two years of regulatory examination of the deal.
SouthState Corporation's $2 Billion Independent Bank Group Bid Tops US Bank M&A Deals in 2024
SouthState's $2 billion all-stock offer for Independent Bank Group is the largest US bank deal of 2024, as sector M&A reaches $6.5 billion across 54 transactions.
Access Bank Completes Acquisition of BancABC Tanzania and Rebrands Entity as Access Bank Tanzania
Access Bank has completed its acquisition of BancABC Tanzania, rebranding the entity as Access Bank Tanzania as part of its East Africa expansion strategy.
Maybank Evaluates Acquisitions in ASEAN Digital Banking to Defend Regional Position
Malaysia's Maybank is assessing potential acquisitions in ASEAN digital banking, with Vietnam, Cambodia, and Laos identified as priority markets for strategic expansion.
COMESA Clears Access Bank Acquisition of 80% Stake in Uganda's Finance Trust Bank
COMESA has approved Access Bank's acquisition of an 80% stake in Finance Trust Bank Uganda, clearing a key regulatory hurdle for the deal announced in January 2024.
SouthState Corporation Announces $2 Billion All-Stock Acquisition of Independent Bank Group
SouthState Corporation has agreed to acquire Texas-based Independent Bank Group in an all-stock deal worth around $2 billion, extending SouthState's footprint into the Texas banking market.