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  6. Citizens Bank Acquires Republic Bancorp

M&A Deal Summary

Citizens Bank Acquires Republic Bancorp

On December 29, 2006, Citizens Bank acquired financial services company Republic Bancorp

Acquisition Highlights
  • This is Citizens Bank’s 1st transaction in the Financial Services sector.
  • This is Citizens Bank’s 1st transaction in the United States.
  • This is Citizens Bank’s 1st transaction in Michigan.

M&A Deal Summary
Date 2006-12-29
Target Republic Bancorp
Sector Financial Services
Buyer(s) Citizens Bank
Deal Type Add-on Acquisition

Target

Republic Bancorp

Owosso, Michigan, United States
Republic Bancorp, Inc. operates as the holding company for Republic Bank, which provides various banking products and services.

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Buyer(S) 1

Buyer

Citizens Bank

Elizabethton, Tennessee, United States
Category Company
Founded 1934
Sector Financial Services
DESCRIPTION

Citizens Bank is a provider of banking services for commercial and individuals.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1
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