M&A
Mergers, acquisitions, divestitures, and deal-making across the global financial sector.
RBI clears ICICI Prudential AMC to acquire up to 9.95% in AU Small Finance Bank
The Reserve Bank of India approved ICICI Prudential Asset Management Company to build an aggregate holding of up to 9.95% of AU Small Finance Bank's paid-up capital or voting rights, AU disclosed on Wednesday.
EverBank and WaFd agree $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.
Chime agrees to acquire longtime partner Stride Bank for $590 million in cash
Chime Financial agreed on Tuesday to acquire Stride Bank, its bank partner of more than seven years, for $590 million in cash, a deal that would give it a national charter and end its reliance on sponsor banks.
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.
First Citizens Bank completes 138-branch BMO acquisition adding $5 billion in deposits
First Citizens Bank completed the acquisition of 138 branches from BMO Bank N.A. on 4 September and has since converted them to its systems, assuming approximately $5 billion in deposits and $650 million in loans.
Angola approves 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.
Hesse premier sets Frankfurt conditions for UniCredit in talks over Commerzbank takeover
UniCredit confirmed that Chief Executive Andrea Orcel met Hesse Minister-President Boris Rhein to discuss Commerzbank, with the state demanding a Frankfurt headquarters, German corporate status and no transfer of its corporate client business to HypoVereinsbank.
Bahrain's AMEX Middle East to acquire 50% of American Express Saudi Arabia from Saudi Investment Bank for SAR 1.43 billion
AMEX (Middle East) has agreed to buy the 50% stake in American Express Saudi Arabia held by The Saudi Investment Bank for SAR 1.43 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.
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.