M&A Deal Summary |
|
---|---|
Date | 2002-03-21 |
Target | Area Bancshares |
Sector | Financial Services |
Buyer(s) | Truist |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 1872 |
Sector | Financial Services |
Employees | 49,218 |
Revenue | 23.4B USD (2023) |
Truist is a financial services company. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Truist was founded in 1872 and is headquartered in Charlotte, North Carolina.
DEAL STATS | # |
---|---|
Overall | 30 of 50 |
Sector (Financial Services) | 28 of 42 |
Type (Add-on Acquisition) | 30 of 45 |
State (Kentucky) | 2 of 3 |
Country (United States) | 30 of 50 |
Year (2002) | 2 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-03-08 |
MidAmerica Bancorp
Louisville, Kentucky, United States MidAmerica Bancorp operates 30 banking offices in the Louisville metropolitan statistical area through the Bank of Louisville, its primary subsidiary. |
Buy | $372M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-07-01 |
Stanley Hunt DuPree & Rhine
Greenville, South Carolina, United States Stanley, Hunt, DuPree & Rhine, Inc. is a single-source benefit solutions provider, offering employee benefit consulting, plan administration, and record-keeping services to businesses of all sizes. |
Buy | - |