Bloomberg reported that Umpqua Holdings is in talks to buy Sterling Financial, citing people with knowledge of the discussions.

The article noted that the deal may be valued at about $1.8 billion, according to one of the sources, although the talks may still collapse and there’s no guarantee a transaction will occur.

To read the full Bloomberg article click here.

Previously on monitordaily Umpqua Completes Acquisition of Financial Pacific, July 3, 2013