National City Corporation Mergers and Acquisitions


National City Corporation

1900 East Ninth Street
Cleveland, OH 44114-3484
United States
Tel:1/216/575-2000
URL: http://www.nationalcity.com
Industry:
Banking
National City Corporation Company Snapshot

National City Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

National City Corporation M&A History


First Niagara Finl Grp,NY acquires Natl City Corp,OH-Branch Bkg from PNC Finl Svcs Grp Inc First Niagara Finl Grp,NY acquires  Natl City Corp,OH-Branch Bkg from PNC Finl Svcs Grp IncSep 08, 2009

US - First Niagara Financial Group Inc, Lockport, New York, acquired ## branch banking offices of Cleveland-based National City Corp, a bank holding company, for $##.# million. The transaction was approved by the boards of director and had been

Hertford International Group acquires Cheque Exchange Ltd from PNC Finl Svcs Grp Inc Hertford International Group acquires Cheque Exchange Ltd from PNC Finl Svcs Grp IncJan 30, 2009

UK - Hertford International Group PLC acquired Cheque Exchange Ltd, a Dewsbury- based provider of cheque cashing services, from Provident Financial PLC, for # mil British pounds ($#.## mil US) in cash. The transaction was subject to shareholders' approval.

PNC Finl Svcs Grp Inc acquires Natl City Corp,Cleveland,Ohio PNC Finl Svcs Grp Inc acquires Natl City Corp,Cleveland,OhioDec 31, 2008

US - PNC Financial Services Group Inc (PNC) definitively acquired all the outstanding common stock of National City Corp (NCC), a bank holding company, from Corsair Capital LLC (#.#%) and other shareholders, in a stock swap transaction valued at $#

Natl City Corp,Cleveland,Ohio seeking buyer for Allegiant Ast Mgmt Co Natl City Corp,Cleveland,Ohio seeking buyer for Allegiant Ast Mgmt CoJul 23, 2008

US - InJuly ####, National City Corp, Cleveland, Ohio, announced that it was seeking a buyer for its Allegiant Asset Management Co unit, a provider of investment advisory services.

Corsair Capital Management LLC acquires a minority stake in Natl City Corp,Cleveland,Ohio Corsair Capital Management LLC acquires a minority stake in Natl City Corp,Cleveland,OhioMay 02, 2008

US - Corsair Capital Management LLC acquired common shares and preferred shares convertible into an estimated #.#% stake in National City Corp, a provider of financial services, for $### mil, in a privately negotiated transaction.

Natl City Corp,Cleveland,Ohio acquires MAF Bancorp,Clarendon Hills,IL Natl City Corp,Cleveland,Ohio acquires MAF Bancorp,Clarendon Hills,ILSep 04, 2007

US - National City Corp, (NC) Cleveland, Ohio, acquired all the outstanding common stock of MAF Bancorp Inc (MB), Clarendon Hills, Illinois, a savings and loan holding company, in a stock swap transaction valued at $#.### bil. NC offered #

Natl City Corp,Cleveland,Ohio spins off Provident Financial PLC-Intern Natl City Corp,Cleveland,Ohio spins off Provident Financial PLC-InternJul 16, 2007

UK - Provident Financial PLC (PF), a Bradford-based provider of financing services and a unit of Provident Financial Group Inc of the US, completed the spinoff of its international business unit (IB), to its shareholders, in a transaction valued at

GMAC Ins Hldg acquires Provident Financial-Motor from Natl City Corp,Cleveland,Ohio GMAC Ins Hldg acquires  Provident Financial-Motor from Natl City Corp,Cleveland,OhioJun 15, 2007

UK - GMAC Insurance Holdings, a unit of the GMAC LLC subsidiary of Motors Liquidation Co's General Motors Corp unit, acquired the motor insurance business of Provident Financial PLC (Provident), a West Yorkshire- based provider of financing services, for an

GMAC Insurance Holdings acquires Provident Insurance PLC from Natl City Corp,Cleveland,Ohio GMAC Insurance Holdings acquires Provident Insurance PLC from Natl City Corp,Cleveland,OhioJun 15, 2007

UK - GMAC Insurance Holdings of the US, a unit of General Motors Corp's GMAC LLC subsidiary, acquired Provident Insurance PLC (PI), a Bradford-based provider of insurance services, from Provident Financial Group Inc's Provident Financial PLC (PF) subsidiary

Natl City Corp,Cleveland,Ohio acquires Fidelity Bankshares Inc,FL Natl City Corp,Cleveland,Ohio acquires Fidelity Bankshares Inc,FLJan 05, 2007

US - National City Corp, Cleveland, Ohio (NC) definitively agreed to acquire all the outstanding common stock of Fidelity Bankshares Inc, West Palm Beach, Florida (FB), a bank holding company, in a stock swap transaction valued at $#.### bil. NC

National City Insurance Group acquires HE Hoffman Grp Inc-Employee from HE Hoffman Group Inc National City Insurance Group acquires HE Hoffman Grp Inc-Employee from HE Hoffman Group IncJan 03, 2007

US - National City Insurance Group, a unit of National City Corp, Cleveland, Ohio, acquired the employee benefits business of HE Hoffman Group Inc, an insurance agency. Terms were not disclosed.

Merrill Lynch & Co Inc acquires First Franklin Financial Cos from Natl City Corp,Cleveland,Ohio Merrill Lynch & Co Inc acquires First Franklin Financial Cos from Natl City Corp,Cleveland,OhioJan 02, 2007

US - Merril Lynch & Co Inc acquired First Franklin Financial Cos Inc, a provider of mortgage services, from National City Corp (NC), Cleveland, Ohio, for $#.# bil. The transaction was to include NC's National City Home Loan Services and

Natl City Corp,Cleveland,Ohio acquires Harbor Florida Bancshares Inc Natl City Corp,Cleveland,Ohio acquires Harbor Florida Bancshares IncDec 01, 2006

US - National City Corp (NC), Cleveland, Ohio acquired all the outstanding common stock of Harbor Florida Bancshares Inc (HF), Fort Pierce, Florida, for $## in NC common share per HF share, or a total value of $#.### bil. The

Undisclosed Acquiror acquires National City Bank-Mortgage from Natl City Corp,Cleveland,Ohio Undisclosed Acquiror acquires National City Bank-Mortgage from Natl City Corp,Cleveland,OhioNov 29, 2006

US - National City Bank of Cleveland, Ohio, a unit of National City Corp, divested its mortgage loan portfolio, to an undisclosed acquiror.

NatCity Investments Inc acquires SSG Capital-Invest Banking Ast from SSG Capital Advisors LP NatCity Investments Inc acquires SSG Capital-Invest Banking Ast from SSG Capital Advisors LPAug 10, 2006

US - NatCity Investments Inc, a unit of National City bank, Cleveland, Ohio, acquired the investment banking business assets of SSG Capital Advisors LP, an investment bank. Terms were not disclosed.

Natl City Corp,Cleveland,Ohio acquires Forbes First Financial Corp Natl City Corp,Cleveland,Ohio acquires Forbes First Financial CorpMay 01, 2006

US - National City Corp acquired Forbes First Financial Corp, a bank holding company. Terms were not disclosed.

Axion Battery Products Inc acquires BK of Pennsylvania-Lead Acid from Natl City Corp,Cleveland,Ohio Axion Battery Products Inc acquires BK of Pennsylvania-Lead Acid from Natl City Corp,Cleveland,OhioFeb 17, 2006

US - Axion Battery Product Inc a unit of Axion Power International Inc acquired the lead acid battery manufacturing equipment of National City Bank of Pennsylvania Pittsburgh, from National City Corp, Cleveland Ohio.

MainSource Finl Grp Inc,IN acquires Madison Bank and Trust Co from Natl City Corp,Cleveland,Ohio MainSource Finl Grp Inc,IN acquires Madison Bank and Trust Co from Natl City Corp,Cleveland,OhioSep 30, 2005

US - MainSource Financial Group Inc (MF) acquired all the outstanding common stock of Madison Bank and Trust Co (MB), from National City Corp, for an undisclosed amount in cash. The transaction was subject to regulatory approval. Upon completion, MB was

Provident Bank,Cincinnati,Ohio acquires HSBC Bank USA NA-Branch(1), from HSBC Holdings PLCHSBC (pending) Provident Bank,Cincinnati,Ohio acquires HSBC Bank USA NA-Branch(1), from HSBC Holdings PLCHSBC (pending)Jan 25, 2005

US - Provident Bank, a unit of National City Corp, Cleveland, Ohio's Provident Financial Group Inc, Cincinnati, Ohio subsidiary, agreed to acquire # branch, located in South Fallsburg, New York, of HSBC Bank USA NA, a unit of HSBC Holdings

National City Bank,Cleveland acquires Charter One Vendor Finance LLC from Charter One Bank National City Bank,Cleveland acquires Charter One Vendor Finance LLC from Charter One BankJan 20, 2005

US - National City Bank, Cleveland, Ohio, a unit of National City Corp, acquired Charter One Vendor Finance LLC, a provider of sales aid financing and leasing services, from Charter One Bank NA. Upon completion, the acquired company was named National

National City Corporation M&A Summary


National City Corporation has made 89 acquisitions while taking stakes in 4 companies. National City Corporation has 74 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009002
2008002
2007304
2006302
2005101
2004314
2003202
2002101
2001213
2000200
1999602
19985010
1997513
1996409
1995415
1994001
1993205
1992505
1991500
1990802
1989603
1988302
1987100
1986601
1985101
1984202
1983502
1982400
Total89474

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