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  6. People s United Bank Acquires Maine Bank & Trust Co.

M&A Deal Summary

People s United Bank Acquires Maine Bank & Trust Co.

On January 1, 2009, People s United Bank acquired financial services company Maine Bank & Trust Co.

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

M&A Deal Summary
Date 2009-01-01
Target Maine Bank & Trust Co.
Sector Financial Services
Buyer(s) People s United Bank
Deal Type Add-on Acquisition

Target

Maine Bank & Trust Co.

Portland, Maine, United States
aine Bank & Trust is a commercial bank that offers personal and business banking services.

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Buyer(S) 1

Buyer

People s United Bank

Bridgeport, Connecticut, United States
Category Company
Sector Financial Services
DESCRIPTION

People's United Bank, provides financial services.

DEAL STATS #
Overall 1 of 6
Sector: Financial Services M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 3
State: Maine M&A 1 of 1
Country: United States M&A 1 of 6
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-16 Butler Bank

Lowell, Massachusetts, United States

Butler Bank, a financial service company.

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