Acquisition History / M&T Bank / People's United Financial

M&T Bank Acquires People's United Financial

Announced January 2022 — $8.30B

M&T Bank2022

What happened

People's United Financial was a company, acquired by M&T Bank for $8.3 billion.

Acquirer
M&T Bank
Target
People's United Financial
Announced
January 2022
Price
$8.30B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

M&T Bank's acquisition history
2nd of 2 tracked deals
Disclosed prices
2 of 2 M&T Bank deals
M&T Bank's average disclosed price
$6B
M&T Bank's largest disclosed deal
People's United Financial ($8.30B)
Tracked acquisitions in 2022
78 across all acquirers

Frequently Asked Questions About This Acquisition

When did M&T Bank acquire People's United Financial?

M&T Bank acquired People's United Financial on January 2022. This was M&T Bank's 2nd publicly tracked acquisition out of 2 we have on record.

How much did M&T Bank pay for People's United Financial?

M&T Bank paid $8.30B for People's United Financial.

What does People's United Financial do?

People's United Financial was a company, acquired by M&T Bank for $8.3 billion.

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More M&T Bank acquisitions

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