Acquisition History / Wachovia / Westcorp (holding company for WFS Financial Inc and Western Financial Bank)

Wachovia Acquires Westcorp (holding company for WFS Financial Inc and Western Financial Bank)

Announced January 2006 — $3.91B

Wachovia2006

What happened

Westcorp (holding company for WFS Financial Inc and Western Financial Bank) was a company, acquired by Wachovia for $3.91 billion.

Acquirer
Wachovia
Target
Westcorp (holding company for WFS Financial Inc and Western Financial Bank)
Announced
January 2006
Price
$3.91B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

Wachovia's acquisition history
3rd 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 2006
110 across all acquirers

Frequently Asked Questions About This Acquisition

When did Wachovia acquire Westcorp (holding company for WFS Financial Inc and Western Financial Bank)?

Wachovia acquired Westcorp (holding company for WFS Financial Inc and Western Financial Bank) on January 2006. This was Wachovia's 3rd publicly tracked acquisition out of 4 we have on record.

How much did Wachovia pay for Westcorp (holding company for WFS Financial Inc and Western Financial Bank)?

Wachovia paid $3.91B for Westcorp (holding company for WFS Financial Inc and Western Financial Bank).

What does Westcorp (holding company for WFS Financial Inc and Western Financial Bank) do?

Westcorp (holding company for WFS Financial Inc and Western Financial Bank) was a company, acquired by Wachovia for $3.91 billion.

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