Deal overview

Deal overview
Target BBVA USA BANCSHARES INC
Bidder PNC FINANCIAL SERVICES GROUP INC (THE)
Price £80.00 Full version or £25.00 Light version
Publication Date Nov 16, 2020
Abstract On 16 November 2020, the quoted US-based bank The PNC Financial Services Group Inc ("PNC") announced that it had agreed to acquire BBVA USA Bancshares Inc ("BBVA USA Bancshares") from Spain's Banco Bilbao Vizcaya Argentaria SA ("BBVA"), for a purchase price of US$ 11.6 billion in cash. The transaction, which had been approved by both companies' boards of directors, was ...
Number of pages (Full version) 8
Number of pages (Light version) 2
Format Adobe Acrobat (Download Acrobat Reader)
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