Acquisition History / North Carolina National Bank / C&S/Sovran Corporation
North Carolina National Bank Acquires C&S/Sovran Corporation
Announced January 1991 — $4.30B
What happened
C&S/Sovran Corporation was a company, acquired by North Carolina National Bank for $4.3 billion.
- Acquirer
- North Carolina National Bank
- Target
- C&S/Sovran Corporation
- Announced
- January 1991
- Price
- $4.30B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did North Carolina National Bank acquire C&S/Sovran Corporation?
North Carolina National Bank acquired C&S/Sovran Corporation on January 1991. This was North Carolina National Bank's 1st publicly tracked acquisition out of 1 we have on record.
How much did North Carolina National Bank pay for C&S/Sovran Corporation?
North Carolina National Bank paid $4.30B for C&S/Sovran Corporation.
What does C&S/Sovran Corporation do?
C&S/Sovran Corporation was a company, acquired by North Carolina National Bank for $4.3 billion.