Acquisition History / Fleet Financial Group / BankBoston

Fleet Financial Group Acquires BankBoston

Announced January 1999 — $16B

Fleet Financial Group1999

What happened

BankBoston was a company, acquired by Fleet Financial Group for $16 billion.

Acquirer
Fleet Financial Group
Target
BankBoston
Announced
January 1999
Price
$16B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

Fleet Financial Group's acquisition history
3rd of 3 tracked deals
Disclosed prices
3 of 3 Fleet Financial Group deals
Fleet Financial Group's average disclosed price
$7B
Fleet Financial Group's largest disclosed deal
BankBoston ($16B)
Tracked acquisitions in 1999
77 across all acquirers

Frequently Asked Questions About This Acquisition

When did Fleet Financial Group acquire BankBoston?

Fleet Financial Group acquired BankBoston on January 1999. This was Fleet Financial Group's 3rd publicly tracked acquisition out of 3 we have on record.

How much did Fleet Financial Group pay for BankBoston?

Fleet Financial Group paid $16B for BankBoston.

What does BankBoston do?

BankBoston was a company, acquired by Fleet Financial Group for $16 billion.

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More Fleet Financial Group acquisitions

See all 3 Fleet Financial Group acquisitions →