Acquisition History / NBD Bancorp / Charter Bank Group
NBD Bancorp Acquires Charter Bank Group
Announced January 1988 — $65M
What happened
Charter Bank Group was a company, acquired by NBD Bancorp for $65 million.
- Acquirer
- NBD Bancorp
- Target
- Charter Bank Group
- Announced
- January 1988
- Price
- $65M
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did NBD Bancorp acquire Charter Bank Group?
NBD Bancorp acquired Charter Bank Group on January 1988. This was NBD Bancorp's 8th publicly tracked acquisition out of 15 we have on record.
How much did NBD Bancorp pay for Charter Bank Group?
NBD Bancorp paid $65M for Charter Bank Group.
What does Charter Bank Group do?
Charter Bank Group was a company, acquired by NBD Bancorp for $65 million.
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