M&A Deal Summary |
|
|---|---|
| Date | 2002-03-29 |
| Target | Farmers & Mechanics Bank |
| Sector | Financial Services |
| Buyer(s) | Central Bancshares |
| Sellers(s) | Citizens Financial Group |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1979 |
| Sector | Financial Services |
Central Bancshares Inc. (Muscatine, IA) operates as a state commercial bank, provides various banking services ad products.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2002 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1828 |
| Sector | Financial Services |
| Employees | 17,800 |
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide banking products and services.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 7 |
| Sector: Financial Services M&A | 1 of 6 |
| Type: Divestiture M&A Deals | 1 of 7 |
| State: Illinois M&A | 1 of 2 |
| Country: United States M&A | 1 of 7 |
| Year: 2002 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-07-17 |
Mellon - Regional Franchise
United States The Regional Franchise comprises personal customers from some 650,000 households and approximately 58,000 business customers, supported by 345 branches and 4,135 staff in Pennsylvania, New Jersey and Delaware. Of the 345 branches, 321 are in Pennsylvania (mainly around Philadelphia and Pittsburgh), 5 are in New Jersey and 19 in Delaware. There are 257 traditional branches, 72 in supermarkets and 16 drive-ins. |
Buy | $2.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-10-15 |
Medford Bancorp
Medford,, Massachusetts, United States Medford Bancorp Inc. serves as the holding company of Medford Savings Bank, provides various banking services and products. |
Buy | $282M |
