Merchants Closes Acquisition of Joy State Bank

Merchants Bancorp received all necessary regulatory approvals to close its acquisition of Joy, IL-based Joy State Bank, effective January 2, 2018.

First Financial Acquires Commercial Bancshares

Texas-based First Financial Bankshares completed its acquisition of Commercial Bancshares and its wholly-owned subsidiary, Commercial State Bank, effective January 1, 2018.

Union, Xenith Merge to Create VA Regional Bank

Richmond, VA-based Union Bankshares completed its acquisition of Xenith Bankshares. The combination creates a Virginia-headquartered independent regional bank for the first time in nearly 20 years.

Fortress Investment Group Acquired by SoftBank Group

SoftBank Group completed its acquisition of Fortress Investment Group for $3.3 billion in cash. Following the close, SBG and its wholly-owned subsidiaries own all outstanding Fortress shares.

BancorpSouth Bank Receives Regulatory Approval for Mergers

BancorpSouth Bank received the necessary regulatory approvals to complete its proposed mergers with Louisiana-based Ouachita Bancshares and Texas-based Central Community Corporation.

MUFG to Acquire Majority Share of Bank Danamon

Mitsubishi UFJ Financial Group entered into conditional share purchase agreements with Asia Financial Indonesia and other affiliated entities to acquire their shareholding interests in PT Bank Danamon Indonesia.

Old Second Bancorp Acquires Greater Chicago Financial

Old Second Bancorp agreed to acquire Greater Chicago Financial and its wholly-owned bank subsidiary, ABC Bank.

Deutsche Bank Provides $500MM Term Loan for Mallinckrodt Sucampo Purchase

Mallinckrodt agreed to acquire biopharmaceutical company Sucampo Pharmaceuticals, including its commercial and development assets, for $1.2 billion. The transaction was approved by the boards of directors of both companies.

LCNB to Acquire Columbus First Bancorp

LCNB signed a definitive merger agreement to acquire Columbus First Bancorp in an all-stock transaction. Both boards of directors unanimously approved the transaction.

PNC Bank to Acquire Fortis Advisors

PNC Bank agreed to acquire Fortis Advisors, a provider of private merger and acquisition post-closing shareholder representative services.