M&A Deal Summary |
|
---|---|
Date | 2011-06-16 |
Target | ING Direct USA |
Sector | Financial Services |
Buyer(s) | Capital One |
Sellers(s) | ING Groep |
Deal Type | Divestiture |
Deal Value | 9.0B USD |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1988 |
Sector | Financial Services |
Employees | 56,100 |
Revenue | 36.8B USD (2023) |
Capital One Financial is a diversified financial services holding company with banking and non-banking subsidiaries. Capital One Financial Corporation and its subsidiaries offer a broad array of financial products and services to consumers, small businesses and commercial clients through branches, the internet and other distribution channels. Capital One was incorporated in 1988 and is based in McLean, Virginia.
DEAL STATS | # |
---|---|
Overall | 9 of 23 |
Sector (Financial Services) | 9 of 14 |
Type (Divestiture) | 2 of 4 |
State (Delaware) | 1 of 1 |
Country (United States) | 8 of 22 |
Year (2011) | 1 of 1 |
Size (of disclosed) | 3 of 9 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-12-04 |
Chevy Chase Bank
Bethesda, Maryland, United States Chevy Chase Bank is the greater Washington region's largest locally-owned banking institution providing a complete array of financial products and services to consumers and businesses in Maryland, Virginia, and the District of Columbia. |
Buy | $520M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-05-02 |
HSBC US Credit Card Unit
United States HSBC's US credit card unit included a balance of $30 billion in debt. |
Buy | $2.5B |
Category | Company |
---|---|
Founded | 1762 |
Sector | Financial Services |
Employees | 60,000 |
Revenue | 22.4B USD (2023) |
ING Groep is a diversified financial services company offering banking, investment, life insurance, and retirement services products and services. ING has operations throughout Europe, North America, and Asia. ING Groep was founded in 1762 and is based in Amsterdam, the Netherlands.
DEAL STATS | # |
---|---|
Overall | 3 of 13 |
Sector (Financial Services) | 2 of 5 |
Type (Divestiture) | 3 of 12 |
State (Delaware) | 1 of 1 |
Country (United States) | 3 of 5 |
Year (2011) | 1 of 2 |
Size (of disclosed) | 1 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2010-02-01 |
Cetera
El Segundo, California, United States Cetera is a network of independent firms empowering the delivery of professional financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera was founded in 2010 and is based in El Segundo, California. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-07-01 |
CBRE Clarion Securities
Radnor, Pennsylvania, United States CBRE Clarion Securities (formerly ING Clarion Real Estate Securities) offers various listed real estate investment programs. |
Sell | $940M |