Displaying items by tag: Talmer Bancorp Inc
Seeking to drive growth and reach further into middle market companies across the Midwest, Chemical Bank has steadily added to its roster of commercial bankers since last summer and developed lending specialties.
In his 28 years in practice, attorney Jeff Ott has worked on almost 70 transactions, nearly a dozen of which involved Chemical Financial Corp.’s acquisitions of other banks.
Nearing $10 billion in assets after a series of smaller community bank acquisitions, Chemical Financial Corp. last year needed to pursue a deal larger than any it had contemplated before.
MIDLAND — For the third time in two years, Chemical Financial Corp. wants to have more shares on hand to as it pursues additional acquisitions.
Mergers and acquisitions within the banking industry are expected to maintain a steady pace in the new year.
MIDLAND — As Chemical Financial Corp. moves toward closing its latest and largest acquisition, David Ramaker remains open to additional deals that would further expand the bank’s footprint in the Midwest.
Chemical Financial Corp.’s $1.4 billion acquisition of Talmer Bancorp Inc. heads to a close this fall after securing approval from federal regulators.
The $1.4 billion merger between Chemical Financial Corp. and Talmer Bancorp Inc. heads to probable close later this year after securing shareholder approvals from both companies.
Prior to cutting the $1.1 billion deal that would make Chemical Financial Corp. the largest bank based in Michigan, Talmer Bancorp Inc. talked with several other potential partners about a merger or acquisition.
A pair of deals would give Chemical Financial Corp. and Huntington Bancshares Inc. larger footprints in Michigan and could renew the momentum for bank M&A in the state.
What executives tout as a “merger of equals” with Chemical Financial Corp. represents what one institutional shareholder for Talmer Bancorp Inc. considers a deal that should get voted down.
Chemical Financial to acquire Talmer Bancorp in $1.1 billion deal; Huntington Bank to buy FirstMerit for $3.4 billion
Chemical Financial Corp. plans to acquire Talmer Bancorp Inc. in a $1.1 billion deal that will create one of the largest banks in the Midwest.