Acquisition History / NBD Bancorp / Summcorp
NBD Bancorp Acquires Summcorp
Announced January 1991 — $323M
What happened
Summcorp was a company, acquired by NBD Bancorp for $323 million.
- Acquirer
- NBD Bancorp
- Target
- Summcorp
- Announced
- January 1991
- Price
- $323M
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did NBD Bancorp acquire Summcorp?
NBD Bancorp acquired Summcorp on January 1991. This was NBD Bancorp's 11th publicly tracked acquisition out of 15 we have on record.
How much did NBD Bancorp pay for Summcorp?
NBD Bancorp paid $323M for Summcorp.
What does Summcorp do?
Summcorp was a company, acquired by NBD Bancorp for $323 million.
More NBD Bancorp acquisitions
Deerbank Corp.
$120M · 1995
First Chicago Bank
$5.30B · 1995
AmeriFed Financial
$149M · 1994
INB Financial Corp.
$876M · 1992
FNW Bancorp
$205M · 1991