M&A Deal Summary |
|
|---|---|
| Date | 1999-03-26 |
| Target | Scott & Stringfellow Financial |
| Sector | Financial Services |
| Buyer(s) | Truist |
| Deal Type | Add-on Acquisition |
| Deal Value | 146M USD |
SEARCH BY
| 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 | 11 of 50 |
| Sector: Financial Services M&A | 10 of 42 |
| Type: Add-on Acquisition M&A Deals | 11 of 45 |
| State: Virginia M&A | 4 of 7 |
| Country: United States M&A | 11 of 50 |
| Year: 1999 M&A | 3 of 8 |
| Size (of disclosed) | 27 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-02-25 |
Matewan BancShares
Williamson, West Virginia, United States Matewan BancShares, Inc. is a provider of banking services. |
Buy | $158M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-04-28 |
First Liberty Financial
Macon, Georgia, United States First Liberty Financial Corp. is a regional community banking network. |
Buy | $500M |
