Reuters reported that AIG is still in talks about selling its aircraft leasing unit to a Chinese consortium after missing a July 31 deadline to close the $4.8 billion deal. read more
AUG 2, 2013 - 6:30 am
Bloomberg reported that AIG has not received funds from a Chinese buyer group that had a deadline of July 31 to complete the $4.2 billion purchase of the insurer’s ILFC aircraft leasing unit. read more
AUG 1, 2013 - 6:35 am
PacWest Bancorp and CapitalSource said they plan to merge in a transaction valued at approximately $2.3 billion. read more
JUL 23, 2013 - 6:35 am
Wells Fargo acquired Commerzbank’s Hypothekenbank Frankfurt UK commercial real estate portfolio. The transaction includes $6.05 billion of high-quality institutional assets throughout the UK. read more
JUL 17, 2013 - 6:05 am
Aircastle said it has successfully completed the issuance to Marubeni of 15.25% of its issued and outstanding common shares for gross proceeds of approximately $209 million. read more
JUL 16, 2013 - 7:10 am
MB Financial and Taylor Capital Group said they have signed a definitive merger agreement whereby MB Financial will acquire Taylor Capital. Taylor Capital is the holding company of Cole Taylor Bank. read more
JUL 15, 2013 - 8:30 am
Catalysts are beginning to emerge that could prompt an increase in merger and acquisition activity in the U.S. banking sector over the immediate term, according to Fitch Ratings. read more
JUL 11, 2013 - 7:25 am
Reuters reported that a consortium led by P3 Investments is seeking to raise a $1.5 billion syndicated loan from Taiwanese banks to back a $4.753 billion bid for a 90% stake in ILFC. read more
JUL 11, 2013 - 7:15 am
The Alta Group said its M&A advisory practice provided due diligence and related corporate advisory services to Umpqua Holdings and Umpqua Bank in the recent acquisition of Financial Pacific Holding, the parent company of Financial Pacific Leasing. read more
JUL 10, 2013 - 7:25 am
Umpqua Holdings, parent company of Umpqua Bank and Umpqua Investments, said it completed its acquisition of Financial Pacific Holding, the parent company of Financial Pacific Leasing, on July 1, 2013. read more
JUL 3, 2013 - 6:35 am
Element Financial said it has entered into a definitive agreement to acquire the business of Cincinnati-based Bush Truck Leasing from its founder, Michael Bush. read more
JUN 26, 2013 - 6:57 am
HNA Group of China announced it has agreed to acquire GE Capital’s TIP Trailer Services in Europe. TIP has a transport equipment fleet in excess of 45,000 units. read more
JUN 24, 2013 - 6:35 am
Bloomberg reported that AIG has revived plans for an IPO of its ILFC plane-leasing unit after the insurer extended a deadline for a group of Chinese investors to buy the business. read more
JUN 24, 2013 - 6:30 am
According to a regulatory filing, American International Group reached an agreement with a consortium of Chinese investors to extend the deadline to complete the sale of ILFC to July 31, 2013. read more
JUN 18, 2013 - 6:15 am
Fifth Street Finance announced it has successfully closed its portfolio company acquisition of Healthcare Finance Group. Fifth Street also announced the appointment of Dan Chapa as new CEO of HFG. read more
JUN 13, 2013 - 7:30 am