Banking & Savings M&A » By The Online Investor Staff, updated Sat., Apr. 20, 9:03 AM
Recent mergers and acquisitions in the Banking & Savings M&A category.
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Slide #41. Umpqua Holdings Corporation — Sterling Financial Corporation
Acquirer:
Umpqua Holdings Corporation (UMPQ)
Acquiree:
Sterling Financial Corporation (STSA)
Details:
Umpqua Holdings Corporation (NASDAQ:UMPQ) and Sterling Financial Corporation (NASDAQ:STSA) today announced that all regulatory approvals for their proposed merger, announced on September 11, 2013, have been received. This follows the approvals by Umpqua and Sterling shareholders, which were previously announced on February 26, 2014.
Umpqua Holdings is a financial holding company that is engaged primarily in the business of commercial and retail banking. Through its banking subsidiary, Umpqua Bank (the Bank), Co. provides a range of banking, wealth management, mortgage and other financial services to corporate, institutional and individual customers. The Bank has a subsidiary, Financial Pacific Leasing Inc., a commercial equipment leasing company. Co. provides a range of financial products, delivered through conventional and digital channels. Co.'s customers can access its products through online banking, mobile banking applications, including Umpqua Go-To® app, and Umpquabank.com.
Open the UMPQ Page at The Online Investor »
Umpqua Holdings is a financial holding company that is engaged primarily in the business of commercial and retail banking. Through its banking subsidiary, Umpqua Bank (the Bank), Co. provides a range of banking, wealth management, mortgage and other financial services to corporate, institutional and individual customers. The Bank has a subsidiary, Financial Pacific Leasing Inc., a commercial equipment leasing company. Co. provides a range of financial products, delivered through conventional and digital channels. Co.'s customers can access its products through online banking, mobile banking applications, including Umpqua Go-To® app, and Umpquabank.com.
Open the STSA Page at The Online Investor »
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