M&A Deal Summary |
|
|---|---|
| Date | 1999-11-19 |
| Target | Peoples Bank |
| Sector | Financial Services |
| Buyer(s) | Fifth Third Bank |
| Deal Type | Add-on Acquisition |
| Deal Value | 259M USD |
| Advisor(s) | Barnes & Thornburg (Legal) |
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| Category | Company |
|---|---|
| Founded | 1858 |
| Sector | Financial Services |
| Employees | 18,616 |
| Revenue | 8.3B USD (2024) |
Fifth Third Bank is a regional US-based bank. Fifth Third provides a variety of financial services including commercial lending, consumer lending, and investment advisory. Fifth Third Bank was incorporated in 1858 and is based in Cincinnati, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 39 |
| Sector: Financial Services M&A | 16 of 32 |
| Type: Add-on Acquisition M&A Deals | 16 of 34 |
| State: Indiana M&A | 2 of 2 |
| Country: United States M&A | 16 of 39 |
| Year: 1999 M&A | 6 of 6 |
| Size (of disclosed) | 12 of 26 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-10-29 |
CNB Bancshares
Evansville, Indiana, United States CNB Bancshares, Inc., provides various range of retail banking, commercial, financial products and services. |
Buy | $2.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-12-08 |
Ottawa Financial
Holland, Michigan, United States Ottawa Financial Corp., a financial services company. Ottawa Financial provides services in deposits, making commercial, mortgage, and installment loans. |
Buy | $218M |