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M&A Deal Summary

BNY Acquires Mellon Financial

On December 4, 2006, BNY acquired financial services company Mellon Financial for 16.5B USD

Acquisition Highlights
  • This is BNY’s 2nd transaction in the Financial Services sector.
  • This is BNY’s largest (disclosed) transaction.
  • This is BNY’s 2nd transaction in the United States.
  • This is BNY’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2006-12-04
Target Mellon Financial
Sector Financial Services
Buyer(s) BNY
Deal Type Merger
Deal Value 16.5B USD

Target

Mellon Financial

Pittsburgh, Pennsylvania, United States
Mellon Financial Corp. is an asset management group focused on serving institutional and high-net-worth individual clients.

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Buyer(S) 1

Buyer

BNY

New York, New York, United States
Category Company
Founded 1784
Sector Financial Services
Employees51,800
Revenue 18.3B USD (2024)
DESCRIPTION
BNY Mellon office outside of Wilmington, Delaware.
BNY Mellon office outside of Wilmington, Delaware.

BNY is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY was founded in 1784 and is based in New York, New York.

DEAL STATS #
Overall 3 of 9
Sector: Financial Services M&A 2 of 3
Type: Merger M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 2
Country: United States M&A 2 of 7
Year: 2006 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-01 RBS Trust Bank

London, United Kingdom

RBS Trust Bank Ltd. is a provider of banking services and products for commercial and individuals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-11 CoreOne Technologies

New York, New York, United States

CoreOne Technologies LLC is a financial software company delivering data warehouse solutions for data management and reporting.

Sell -
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