Focue Provides the Latest and Most Up-to-Date News, What You Focus On is What You Get.
⎯ 《 Focue • Com 》

PacWest merges with Banc of California in all-stock deal

2023-07-26 04:26
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
PacWest merges with Banc of California in all-stock deal

Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise from Warburg Pincus and Centerbridge Partners.

(Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur)