Acquisition History / Norwest Corporation / Wells Fargo
Norwest Corporation Acquires Wells Fargo
Announced January 1998 — $32B
What happened
Wells Fargo was a company, acquired by Norwest Corporation for $32 billion.
- Acquirer
- Norwest Corporation
- Target
- Wells Fargo
- Announced
- January 1998
- Price
- $32B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Norwest Corporation acquire Wells Fargo?
Norwest Corporation acquired Wells Fargo on January 1998. This was Norwest Corporation's 1st publicly tracked acquisition out of 1 we have on record.
How much did Norwest Corporation pay for Wells Fargo?
Norwest Corporation paid $32B for Wells Fargo.
What does Wells Fargo do?
Wells Fargo was a company, acquired by Norwest Corporation for $32 billion.