Acquiring Company
TSB Bank
Acquired Company
Heartland Bank
London
MelbourneFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
The High Court has dismissed an effort to halt the merger between TSB Bank and Heartland Bank. This proposed $620 million merger was previously agreed upon by Heartland Group and TSB Bank's owner, Toi Foundation. The move faced opposition but has now progressed following the court's decision.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Fairstone acquires Foundation Financial Planning (October 7, 2026)
- Third Coast Bancshares to acquire Great Plains Bancshares (October 7, 2026)
- Procrea Holdings to merge with Bank of Iwate (October 5, 2026)
- AL Sydbank merges with Vestjysk Bank and others (October 4, 2026)
- CCNB merges with Beacon Holding Company (October 1, 2026)
- ABB Bank acquires controlling stake in Davr Bank (September 30, 2026)
Who to call at TSB Bank, and when
When TSB Bank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day TSB Bank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TSB Bank, from your own LinkedIn network
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Fundz sees it the moment TSB Bank makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Heartland Bank?
Heartland Bank was acquired by TSB Bank, based in London. The deal was reported on August 24, 2026. TSB Bank, originally established as the Trustee Savings Bank in 1810, is a UK-based bank with a history dating back over two centuries. TSB Bank is privately held and operates in Financial Services.
When did TSB Bank acquire Heartland Bank?
TSB Bank's acquisition of Heartland Bank was reported on August 24, 2026. The High Court has dismissed an effort to halt the merger between TSB Bank and Heartland Bank. This proposed $620 million merger was previously agreed upon by Heartland Group and TSB Bank's owner, Toi Foundation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Heartland Bank do?
Heartland Bank is a digital specialist bank, part of the New Zealand-based Heartland Group, and the first bank in New Zealand to acquire an Australian banking licence. It is privately held, operating in Financial Services, and is based in Melbourne.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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