Acquisition History / Wachovia / SouthTrust

Wachovia Acquires SouthTrust

Announced January 2004 — $14.30B

Wachovia2004

What happened

SouthTrust was a company, acquired by Wachovia for $14.3 billion.

Acquirer
Wachovia
Target
SouthTrust
Announced
January 2004
Price
$14.30B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

Wachovia's acquisition history
1st of 4 tracked deals
Disclosed prices
4 of 4 Wachovia deals
Wachovia's average disclosed price
$12.50B
Wachovia's largest disclosed deal
Golden West Financial ($25B)
Tracked acquisitions in 2004
69 across all acquirers

Frequently Asked Questions About This Acquisition

When did Wachovia acquire SouthTrust?

Wachovia acquired SouthTrust on January 2004. This was Wachovia's 1st publicly tracked acquisition out of 4 we have on record.

How much did Wachovia pay for SouthTrust?

Wachovia paid $14.30B for SouthTrust.

What does SouthTrust do?

SouthTrust was a company, acquired by Wachovia for $14.3 billion.

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