M&A
M&A
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The bank M&A world can be challenging for private-equity vehicles because they trade lower than some of the more aggressive traditional buyers. Talmer Bancorp in Troy, Mich., announced a cash deal last week that pushed its stock up more than 5%, perhaps helping its hand in future stock deals.
August 12 -
Centrue Financial in Ottawa, Ill., said Monday that it has agreed to sell $75 million of its common stock to the New York private-equity group Capital Z Partners.
August 12 -
Higher capital requirements, sluggish GDP growth and antiquated cost structures are stymying banks efforts to boost returns to investors. This will likely lead to a boom in mergers and acquisitions over the next decade, writes Richard J. Parsons.
August 12 - PSO content
Wells Fargo & Co. is marketing two pools of troubled mortgage debt estimated at $1.3 billion, including mostly reperforming loans as well as nonperforming loans, according to two people with knowledge of the offering.
August 12 -
JPMorgan Chase, which last year said its private-equity unit would become independent, agreed to sell half of its $4.5 billion in buyout holdings to Carlyle Group LPs AlpInvest Partners BV and Lexington Partners Inc.
August 11 -
Two Midwestern banking companies, First Midwest Bancorp in Illinois and First Federal of Northern Michigan Bancorp, have completed previously announced acquisitions.
August 11 -
Old National Bancorp in Evansville, Ind., is selling $150 million of unsecured senior notes to fund the cash portion of pending deals and to possibly support future acquisitions.
August 11 -
Warehouse financing is back, and it's one of the drivers of the resurgence in collateralized loan obligations. Banks are more willing to provide it, but nonbanks are bigger players, too.
August 11 -
A breakdown of M&A announcements in the financial services industry for the week ended Aug. 9.
August 11 -
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This special report includes stories looking back at the year in dealmaking to date by one measure it's on track to be the best year in mergers and acquisitions since the financial crisis and at the factors that may influence buying and selling in the banking industry in the future.
August 11 -
New charters were once an integral piece of the bank M&A food chain, allowing bankers to start anew after selling their institutions. Do novo banking has all but dried up, and the dearth of startups has made executives hesitant to sell their banks.
August 11 -
Paula Johannsen was the most-active financial adviser at midyear with six mergers under her belt. In a wide-ranging interview, she discusses Florida M&A, compliance delays and the reasoning behind mergers of equals.
August 11 -
Shares in Green Bancorp jumped nearly 14% following the Houston companys initial public offering.
August 8 - Texas
Executives at Allegiance Bancshares have long been vocal about their desire to take the Houston company public. The company recently agreed to buy Farmers & Merchants Bancshares, giving it one more opportunity to boost its profile before taking the plunge.
August 8



