M&A Deal Summary |
|
|---|---|
| Date | 1998-10-02 |
| Target | First Chicago NBD |
| Sector | Financial Services |
| Buyer(s) | Bank One |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Financial Services |
| Employees | 71,196 |
Bank One is a bank holding company, with assets of $290 billion. Bank One has more than 51 million credit cards issued, and serves nearly 7 million retail households and more than 20,000 middle market customers. It also manages $175 billion of clients' investment assets. Bank One is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 1998 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-09-11 |
Bank One Corp - 17 Branches
United States Bank One Corp - 17 full-service branch offices had aggregate deposits of approximately $478 million. |
Sell | $31M |
