Webster and Sterling to Combine, Merger Valued at $10.3B
The boards of directors of Webster Financial and Sterling Bancorp unanimously approved a definitive agreement under which the two companies will combine in an all-stock merger of equals transaction with a total market value of approximately $10.3 billion.
April 19, 2021
Citigroup Global Markets | Glenn I. MacInnes | J.P. Morgan Securities | Jack L. Kopnisky | John R. Ciulla | Keefe Bruyette & Woods | Luis Massiani | Piper Sandler | Signature Bancorp | Squire Patton Boggs | Wachtell Lipton Rosen & Katz | Webster Financial | William L. Atwell
Ian Koplin