Virgin Orbit Holdings and its U.S. subsidiaries, a responsive space launch provider, commenced a voluntary proceeding under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court in the District of Delaware in order to effectuate a sale of the business. read more
APR 10, 2023 - 6:58 am
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
TIAA entered into a definitive agreement to sell TIAA Bank to new investors with experience in financial services, including Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management. read more
NOV 8, 2022 - 7:38 am
VersaBank, a provider of digital banking and cybersecurity solutions, signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, a privately-held, wholly-owned subsidiary of Stearns Financial Services, for $13.5 million. read more
JUN 15, 2022 - 7:37 am
SouthState Corporation and Atlantic Capital Bancshares signed a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million. read more
JUL 26, 2021 - 6:56 am
CNH Industrial entered into an agreement to acquire 100% of the capital stock of Raven Industries, a U.S.-based provider of agriculture technology, for $58 per share, representing a 33.6% premium to Raven Industries’ four-week volume-weighted average stock price and $2.1 billion enterprise value. read more
JUN 21, 2021 - 6:26 am
Charles Schwab completed its acquisition of TD Ameritrade. The integration of the two companies’ operations is expected to occur over the next 18 to 36 months. read more
OCT 6, 2020 - 7:24 am