M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
Access Bank Completes Acquisition of Standard Chartered's Angola and Sierra Leone Subsidiaries
Access Bank has completed the takeover of Standard Chartered Bank Angola S.A. and Standard Chartered Bank (Sierra Leone) Limited, a deal first signed in July 2023 and disclosed on the Nigerian Exchange Limited.
Nordea Completes Acquisition of Danske Bank's Norwegian Personal and Private Banking Business
Nordea has completed the migration of 235,000 customers from Danske Bank's Norwegian retail and private banking unit, adding €9 billion in lending and €3 billion in deposits.
Nordea Completes Migration of 235,000 Danske Bank Norway Customers to Its Platform
Nordea has completed the migration of approximately 235,000 personal and private banking customers from Danske Bank Norway, adding €9 billion in lending and €3 billion in deposits.
Canada's Nuvei Completes Take-Private by Advent International at $6.3bn Enterprise Value
Canadian payments firm Nuvei closed its all-cash take-private transaction with Advent International at approximately $6.3bn enterprise value on 15 November 2024.
Access Bank UK Agrees to Acquire Majority Stake in AfrAsia Bank Mauritius to Extend African-Asian Financial Corridor
Access Bank UK signed a binding agreement in November 2024 to acquire a majority stake in AfrAsia Bank Mauritius, subject to regulatory approvals.
NatWest buys back £1 billion of shares from UK government, cutting state stake to about 11.4%
HM Treasury sold 262.6 million NatWest shares back to the bank at 380.8p each in an off-market transaction, its second directed buyback of 2024.
Italy's Banco BPM Launches €1.6 Billion Cash Tender Offer for Asset Manager Anima Holding
Banco BPM has launched a voluntary public cash tender offer for Italy's Anima Holding at €6.20 per share, valuing the deal at €1.6 billion and aiming to take the asset manager private.
Vietnam's MB Bank Completes Mandatory Takeover of OceanBank Under State Bank Directive
MB Bank completed the mandatory transfer of OceanBank on 17 October 2024, making OceanBank a wholly owned subsidiary under a State Bank of Vietnam zero-dollar resolution.
Vietnam's Military Bank Completes Mandatory Acquisition of OceanBank in State-Directed Cleanup
MB (Military Bank) has completed the mandatory takeover of OceanBank following a transfer directed by the State Bank of Vietnam as part of its ongoing weak-bank resolution programme.
Vietcombank Completes Mandatory Acquisition of CBBank Under State Bank of Vietnam Directive
Vietnam's Vietcombank completed the mandatory acquisition of CBBank on 17 October 2024 under a State Bank of Vietnam mandatory-transfer decision.
Qatar's Lesha Bank Completes Acquisition of Kazakhstan's Bereke Bank for USD 134.9 Million
Lesha Bank has completed its acquisition of Bereke Bank in Kazakhstan for USD 134.9 million.
Greece's HFSF Sells 10% Stake in National Bank of Greece, Cutting State Ownership to 8.4%
Greece's HFSF completed a secondary offering in October 2024, reducing its National Bank of Greece stake to 8.4% amid strong investor demand.