M&A Deal Summary

The Bank of New York Mellon Acquires Mellon Financial

On December 4, 2006, The Bank of New York Mellon acquired financial services company Mellon Financial for 16.5B USD

Acquisition Highlights
  • This is The Bank of New York Mellon’s 2nd transaction in the Financial Services sector.
  • This is The Bank of New York Mellon’s largest (disclosed) transaction.
  • This is The Bank of New York Mellon’s 2nd transaction in the United States.
  • This is The Bank of New York Mellon’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2006-12-04
Target Mellon Financial
Sector Financial Services
Buyer(s) The Bank of New York Mellon
Deal Type Merger
Deal Value 16.5B USD

Target

Mellon Financial

Pittsburgh, Pennsylvania, United States
Mellon Financial Corp. is an asset management group focused on serving institutional and high-net-worth individual clients.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

The Bank of New York Mellon

New York, New York, United States
Category Company
Founded 1784
Sector Financial Services
Employees52,100
Revenue 17.3B USD (2023)
DESCRIPTION
BNY Mellon office outside of Wilmington, Delaware.
BNY Mellon office outside of Wilmington, Delaware.

The Bank of New York Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. The Bank of New York Mellon was founded in 1784 and is based in New York City.

DEAL STATS #
Overall 3 of 9
Sector (Financial Services) 2 of 3
Type (Merger) 1 of 1
State (Pennsylvania) 1 of 2
Country (United States) 2 of 7
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-01 RBS Trust Bank

London, United Kingdom

RBS Trust Bank Ltd. is a provider of banking services and products for commercial and individuals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-11 CoreOne Technologies

New York, New York, United States

CoreOne Technologies LLC is a financial software company delivering data warehouse solutions for data management and reporting.

Sell -
Mergr

Product

Company

Legal