M&A Deal Summary |
|
|---|---|
| Date | 2006-01-23 |
| Target | Island Finance |
| Sector | Financial Services |
| Buyer(s) | Banco Santander |
| Sellers(s) | Wells Fargo |
| Deal Type | Divestiture |
| Deal Value | 735M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1856 |
| Sector | Financial Services |
| Employees | 206,736 |
| Revenue | 63.8B EUR (2024) |
Banco Santander is a financial group operating principally in Spain, the UK, Portugal, and Brazil. Banco Santander is a provider of commercial and retail banking financial services. Banco Santander was founded in 1856 and is based in Madrid, Spain.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 10 |
| Sector: Financial Services M&A | 2 of 8 |
| Type: Divestiture M&A Deals | 1 of 2 |
| Country: Puerto Rico M&A | 1 of 1 |
| Year: 2006 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-07-01 |
Abbey National
London, United Kingdom Abbey National provides treasury, corporate, and wholesale banking products and services primarily in the United Kingdom. Abbey National was established in 1944 and is based in London. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-10-12 |
Sovereign Bank
Philadelphia, Pennsylvania, United States Sovereign Bank is a regional US bank serving customers in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island. In addition to full-service retail banking, Sovereign offers a broad array of financial services and products including business and corporate banking, cash management, capital markets, trust and wealth management, and insurance. Sovereign Bank is headquartered in Philadelphia, Pennsylvania. |
Buy | $1.9B |
| Category | Company |
|---|---|
| Founded | 1852 |
| Sector | Financial Services |
| Employees | 222,544 |
| Revenue | 82.3B USD (2024) |
Wells Fargo is a diversified financial services company that provides retail, commercial and corporate banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions in all 50 US states, the District of Columbia and in other countries. The company provides other financial services through subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. Wells Fargo was formed in 1852 and is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 16 |
| Sector: Financial Services M&A | 1 of 7 |
| Type: Divestiture M&A Deals | 1 of 15 |
| Country: Puerto Rico M&A | 1 of 3 |
| Year: 2006 M&A | 1 of 1 |
| Size (of disclosed) | 5 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-07-31 |
First Community Capital
Houston, Texas, United States First Community Capital Corp., a financial service company. |
Buy | $124M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-09 |
Placer Sierra Bancshares
Sacramento, California, United States Placer Sierra Bancshares is a Northern California-based bank holding company for Placer Sierra Bank, with assets of $2.6 billion and more than 650 employees serving consumers and small- and medium-sized businesses from 50 locations throughout California. The bank has 32 branches in eight counties of Northern California (Placer, Sacramento, El Dorado, Sierra, Nevada, Amador, San Joaquin and Calaveras) and 18 locations in Southern California. |
Buy | - |
