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Sep 21, 2021 · Under the terms of the agreement, U.S, Bancorp will purchase MUFG Union Bank for approximately $8 billion, including $5.5 billion in cash and approximately 44 million shares of U.S. Bancorp common stock.1 Upon close of the transaction, MUFG will hold a minority stake of approximately 2.9% in U.S. Bancorp.
- U.S. Bancorp completes acquisition of Union Bank
U.S. Bancorp completes acquisition of Union Bank. December...
- U.S. Bancorp completes acquisition of Union Bank
Dec 1, 2022 · Under the terms of the definitive agreement announced in September 2021, U.S. Bancorp purchased MUFG Union Bank for $5.5 billion in cash and approximately 44 million shares of U.S. Bancorp common stock. At transaction close, MUFG holds a minority stake of approximately 3% in U.S. Bancorp.
Sep 21, 2021 · U.S. Bancorp (NYSE: USB) today announced that it has entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (NYSE: MUFG) in a transaction that will bring together two premier organizations with a focus on being the leader in serving customers and communities in ...
Dec 1, 2022 · U.S. Bancorp completes acquisition of Union Bank. December 01, 2022. MINNEAPOLIS – U.S. Bancorp (NYSE: USB) today announced that it has completed the acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG).
Sep 21, 2021 · U.S. Bancorp ended years of speculation with its $8 billion acquisition of MUFG Union Bank NA, joining the wave of consolidation sweeping U.S. regional banks.
- Max Reyes
Dec 5, 2022 · U.S. Bancorp (USB) completes the buyout of MUFG Union Bank's core retail banking operations, thereby strengthening its presence on the West Coast.
Oct 14, 2022 · USB-PQ. WASHINGTON, Oct 14 (Reuters) - The Federal Reserve announced Friday it had approved an application by U.S. Bancorp to acquire MUFG Union Bank. The $8 billion deal to acquire the...
