Truist agreed to sell a 20% stake in Truist Insurance Holdings to funds managed by private equity firm Stone Point Capital for $1.95 billion. read more

FEB 16, 2023 - 7:18 am

TD Bank Group and First Horizon Corporation mutually agreed to extend the outside date of their proposed merger transaction from Feb. 27 to May 27 in accordance with the terms of the merger agreement. read more

FEB 10, 2023 - 7:01 am

BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank, completed the acquisition of Bank of the West from BNP Paribas. read more

FEB 2, 2023 - 7:06 am

Seacoast Bank of Florida, the holding company for Seacoast National Bank, completed its acquisition of Professional Holding Corp., the parent company of Professional Bank. Seacoast National Bank is the surviving financial institution. read more

FEB 1, 2023 - 7:10 am

Ritchie Bros. and IAA amended the terms of their previously announced merger agreement. The amended agreement shifts the consideration makeup to a cash/stock mix of approximately 29% cash and 71% stock from the previous mix of 22% cash and 78% stock. read more

JAN 24, 2023 - 7:15 am

BMO Financial Group has received all required regulatory approvals to complete its acquisition of Bank of the West from BNP Paribas and expects the acquisition to close on Feb. 1, subject to the satisfaction of customary closing conditions. read more

JAN 19, 2023 - 7:05 am

Columbia Banking System, the parent company of Columbia Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, jointly announced that the Federal Deposit Insurance Corporation approved the previously announced combination of the two companies. read more

JAN 11, 2023 - 7:22 am

Citizens’ 2023 M&A Outlook revealed both upbeat expectations for company performance and high desire for growth in a low-growth world in the coming year. read more

JAN 11, 2023 - 7:21 am

Ritchie Bros. acquired a controlling stake in VeriTread, a transportation technology and services company. read more

JAN 10, 2023 - 7:23 am

Fraza’s sister company, Material Handling Group USA (MH Group USA), acquired Liftec as a new dealer/location on the East Coast. Liftec is a dealer for Linde Material Handling, Baoli, Doosan and UniCarriers. read more

JAN 6, 2023 - 7:24 am

Greenbrier Companies, an international supplier of equipment and services to global freight transportation markets, acquired a 100% interest in its GBX Leasing joint venture with The Longwood Group. read more

JAN 4, 2023 - 7:20 am

Brookline Bancorp received the requisite regulatory approvals to complete the acquisition of PCSB Financial. read more

JAN 3, 2023 - 7:09 am

Great Western Trailer acquired Oklahoma City, OK-based Southwest Trailer & Equipment, a full-service trailer dealership providing new and used equipment sales as well as repair, maintenance and parts solutions.  read more

DEC 21, 2022 - 7:04 am

The waiting period for the proposed acquisition of IAA by Ritchie Bros. under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, while the entities received a no-action letter from the Canadian Commissioner of Competition. read more

DEC 20, 2022 - 7:24 am

Wilmington Trust, a wholly-owned subsidiary of M&T Bank, agreed to sell its Collective Investment Trust (Cit) business to Madison Dearborn Partners, a private equity firm based in Chicago. read more

DEC 20, 2022 - 7:22 am