Warburg Pincus Private Equity invests $171 million in Sterling Financial - MarketLine Financial Deals

Warburg Pincus Private Equity invests $171 million in Sterling Financial

Warburg Pincus Private Equity invests $171 million in Sterling Financial - MarketLine Financial Deals
Warburg Pincus Private Equity invests $171 million in Sterling Financial
Published Aug 26, 2010
3 pages — Published Aug 26, 2010
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Abstract:

Sterling Financial Corporation, the bank holding company of Sterling Savings Bank, has completed its $730 million transaction raising new capital from institutional, private equity and other accredited investors.

As part of the transaction, Warburg Pincus Private Equity X, L.P., a private equity firm, has invested $171 million in Sterling Financial.

  
Source:
Document ID
MA32061_100907
Country
Ticker
PNC=US
Ticker
STSA=US
Company
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Warburg Pincus Private Equity invests $171 million in Sterling Financial" Aug 26, 2010. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Warburg-Pincus-Private-Equity-invests-171-million-in-Sterling-Financial-2052-42950>
  
APA:
MarketLine Financial Deals. (2010). Warburg Pincus Private Equity invests $171 million in Sterling Financial Aug 26, 2010. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Warburg-Pincus-Private-Equity-invests-171-million-in-Sterling-Financial-2052-42950>
  
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