Acquisition History / Bank of America / MBNA Corporation

Bank of America Acquires MBNA Corporation

Announced January 2005 — $35B

Bank of America2005

What happened

MBNA Corporation was a company, acquired by Bank of America for $35 billion.

Acquirer
Bank of America
Target
MBNA Corporation
Announced
January 2005
Price
$35B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

Bank of America's acquisition history
2nd of 5 tracked deals
Disclosed prices
5 of 5 Bank of America deals
Bank of America's average disclosed price
$31.26B
Bank of America's largest disclosed deal
Merrill Lynch ($50B)
Tracked acquisitions in 2005
106 across all acquirers

Frequently Asked Questions About This Acquisition

When did Bank of America acquire MBNA Corporation?

Bank of America acquired MBNA Corporation on January 2005. This was Bank of America's 2nd publicly tracked acquisition out of 5 we have on record.

How much did Bank of America pay for MBNA Corporation?

Bank of America paid $35B for MBNA Corporation.

What does MBNA Corporation do?

MBNA Corporation was a company, acquired by Bank of America for $35 billion.

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