All articles by Refna Tharayil

Refna Tharayil

Delaware approves Capital One’s $35.3bn acquisition of Discover Financial Services

The deal, which was announced in February 2024, is still subject to other closing conditions, including approval by the shareholders of both companies, as well as the Federal Reserve Board and the Office of the Comptroller of the Currency

ACNB and Traditions Bancorp announce receipt of shareholder approvals for acquisition

At a special meeting of shareholders held on December 18, 2024, ACNB shareholders approved the issuance of shares of ACNB common stock to Traditions shareholders as part of the acquisition pursuant to an Agreement and Plan of Reorganization dated July 23, 2024

First Commonwealth to acquire CenterGroup Financial in $54.6m deal

The merger will add around $348.4m in total assets, three branch locations, a loan production office, and a mortgage office to First Commonwealth’s operations in Cincinnati, Ohio

Mastercard and Dgpays partner to accelerate digital payment innovation in region

As part of the partnership, Mastercard and Dgpays will co-develop advanced payment technologies and loyalty solutions tailored to the unique needs of markets across the region

Northwest Bancshares to acquire Penns Woods in $270.4m deal

Post-merger, the combined US-based bank holding company is projected to have pro forma total assets exceeding $17bn

Australian Mutual Bank and Teachers Mutual Bank explore merger to bring two trusted mutuals together

The merged bank will maintain its 13 branches across the ACT, New South Wales, Victoria, and Western Australia

Berkshire Hills and Brookline Bancorp to merge in $1.1bn all-stock deal

The merger is set to create a $24bn financial institution operating across five states, with enhanced lending capacity and greater investment in client services

Bridgewater Bancshares completes acquisition of First Minnetonka City Bank

With the completion of the acquisition, Bridgewater has approximately $5.0 billion in total assets with nine full-service branches across the Twin Cities

Heritage Bancshares to acquire Fidelity State Bank and Trust

The enlarged company is estimated to hold approximately $300m in total assets and operate three banking offices in the greater Topeka area in Kansas

ChoiceOne Financial Services and Fentura Financial shareholders approve merger

he combined organization will be headquartered in Sparta, Michigan and will operate under the ChoiceOne name and brand following completion of the transaction