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1. ir.usbank.com › files › doc_eventsU.S. Bancorp to Acquire MUFG Union Bank

   ir.usbank.com › files › doc_events

   Transaction Summary. Structure. U.S. Bancorp to acquire MUFG Union Bank, N.A. Excludes Global Corporate & Investment Bank, certain middle and back-office functions, and other selected assets. Transaction Value. $8.0 billion1. 7.7x synergized price / earnings multiple2.

2. www.businesswire.com › news › homeU.S. Bancorp to Acquire MUFG Union Bank | Business Wire

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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 ...

3. www.usbank.com › about-us-bank › company-blogU.S. Bancorp to Acquire MUFG Union Bank

   www.usbank.com › about-us-bank › company-blog

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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. The transaction excludes the purchase ...

4. www.wsj.com › articles › fed-approves-u-s-bancorpFed Approves U.S. Bancorp Acquisition of MUFG Union Bank

   www.wsj.com › articles › fed-approves-u-s-bancorp

   Oct 14, 2022 · Photo: Getty Images. WASHINGTON—The Federal Reserve on Friday approved U.S. Bancorp ’s USB -1.19% acquisition of MUFG Union Bank’s core retail-banking business, one of a series of large ...

5. www.usbank.com › about-us-bank › company-blogU.S. Bancorp receives U.S. regulatory approval for MUFG Union ...

   www.usbank.com › about-us-bank › company-blog

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   Oct 14, 2022 · U.S. Bancorp, with approximately 70,000 employees and $601 billion in assets as of September 30, 2022, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves millions of customers locally, nationally and globally through a diversified mix of businesses: Consumer and Business Banking; Payment Services; Corporate & Commercial Banking; and Wealth Management ...

6. apnews.com › article › business-government-andRegulators approve U.S. Bank's $8B purchase of Union Bank

   apnews.com › article › business-government-and

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   Oct 14, 2022 · By KEN SWEET. Published 11:13 AM PDT, October 14, 2022. NEW YORK (AP) — Key financial regulators on Friday approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise, clearing big regulatory hurdles for a deal that will push U.S. Bank closer to the size of Wall Street’s mega banks.

7. People also ask

   How much will MUFG Union Bank's merger cost?

   • U.S. Bancorp expects to incur merger charges of $1.2 billion. MUFG Union Bank entered into a consent order with the Office of the Comptroller of the Currency on September 20, 2021. U.S. Bancorp evaluated and incorporated these regulatory concerns into all aspects of the deal process, including due diligence, integration planning and valuation.

   U.S. Bancorp to Acquire MUFG Union Bank

   www.usbank.com/about-us-bank/company-blog/article-library/us-bancorp-to-acquire-mufg-union-bank.html

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   When will the US Bancorp acquisition close?

   • U.S. Bancorp contacts: The acquisition is expected to close before the end of 2022, subject to the satisfaction of closing conditions set forth in the agreement between the banks.

   U.S. Bancorp receives U.S. regulatory approval for MUFG Union Bank

   www.usbank.com/about-us-bank/company-blog/article-library/us-bancorp-receives-us-regulatory-approval-for-mufg-union-bank-acquisition.html

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   Will MUFG acquisition push us bank closer to Wall Street's mega banks?

   • (AP Photo/Nati Harnik) NEW YORK (AP) — Key financial regulators on Friday approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise, clearing big regulatory hurdles for a deal that will push U.S. Bank closer to the size of Wall Street’s mega banks.

   Regulators approve U.S. Bank’s $8B purchase of Union Bank - Associate…

   apnews.com/article/business-government-and-politics-f58d4108fb8625aa0db03efe838728fa

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   Will US Bank buy MUFG's Union Bank franchise?

   • This Wednesday, May 3, 2017, photo shows a U.S. Bank branch in Omaha, Neb. Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise, Friday, Oct. 14, 2022.

   Regulators approve U.S. Bank’s $8B purchase of Union Bank - Associate…

   apnews.com/article/business-government-and-politics-f58d4108fb8625aa0db03efe838728fa

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8. www.nasdaq.com › articles › uU.S. Bancorp (USB) Wraps Up Deal to Acquire MUFG Union Bank

   www.nasdaq.com › articles › u

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   Dec 5, 2022 · This will bolster U.S. Bancorp’s presence on the West Coast.Under the terms of the deal, ann ... USB expects $1.2 billion in merger charges, of which $950 million will be incurred in 2022 ...