Acquisition History / First Union / Wachovia
First Union Acquires Wachovia
Announced January 2001 — $13.40B
What happened
Wachovia was a company, acquired by First Union for $13.4 billion.
- Acquirer
- First Union
- Target
- Wachovia
- Announced
- January 2001
- Price
- $13.40B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did First Union acquire Wachovia?
First Union acquired Wachovia on January 2001. This was First Union's 2nd publicly tracked acquisition out of 2 we have on record.
How much did First Union pay for Wachovia?
First Union paid $13.40B for Wachovia.
What does Wachovia do?
Wachovia was a company, acquired by First Union for $13.4 billion.