M&A Deal Summary |
|
|---|---|
| Date | 1999-02-25 |
| Target | Matewan BancShares |
| Sector | Financial Services |
| Buyer(s) | Truist |
| Deal Type | Add-on Acquisition |
| Deal Value | 158M USD |
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| Category | Company |
|---|---|
| Founded | 1872 |
| Sector | Financial Services |
| Employees | 36,769 |
| Revenue | 13.3B USD (2024) |
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 | 10 of 50 |
| Sector: Financial Services M&A | 9 of 42 |
| Type: Add-on Acquisition M&A Deals | 10 of 45 |
| State: West Virginia M&A | 1 of 2 |
| Country: United States M&A | 10 of 50 |
| Year: 1999 M&A | 2 of 8 |
| Size (of disclosed) | 24 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-01-27 |
First Citizens
Newnan, Georgia, United States First Citizens Corp. is a provider of full range of financial services. |
Buy | $126M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-03-26 |
Scott & Stringfellow Financial
Richmond, Virginia, United States Scott & Stringfellow Financial, Inc. is a provider of banking and retail brokerage services. |
Buy | $146M |
