M&T Bank Corporation Completes Acquisition Of People'S United Financial, Inc.
Acquiring Company
M&T Bank
Acquired Company
United Financial
BuffaloFinancial ServicesLending And InvestmentsFinanceFintechLendingBankingDescription
M&T Bank Corporation (NYSE: MTB) ("M&T") announced today the successful completion of M&T's acquisition of People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") valued at $8.3 billion. The combined company employs more than 22,000 people and has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. People's United common stock no longer trades on the NASDAQ after Friday, April 1, 2022.
Quick answer
M&T Bank is acquiring United Financial, announced April 2, 2022. M&T Bank is based in Buffalo, New York, United States.
- How much did M&T Bank pay for United Financial?
- The deal value was not disclosed.
- What does M&T Bank do?
- M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York.
- Where are M&T Bank and United Financial based?
- M&T Bank is based in Buffalo, New York, United States.
- Who are the decision-makers at M&T Bank?
- Fundz holds 3 contacts at M&T Bank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at M&T Bank, and when
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Frequently asked
Who acquired United Financial?
United Financial was acquired by M&T Bank, based in Buffalo. The deal was reported on April 2, 2022. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T Bank is publicly traded (MTB) and operates in Financial Services.
When did M&T Bank acquire United Financial?
M&T Bank's acquisition of United Financial was reported on April 2, 2022. M&T Bank Corporation (NYSE: MTB) ("M&T") announced today the successful completion of M&T's acquisition of People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") valued at $8.3 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does United Financial do?
United Financial is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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