First Citizens BancShares, Inc. (NasdaqGS:FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK:SIVB.Q) on March 18, 2024. The agreement is subject to final approval of the Bankruptcy Court and regulatory approval in India, as well as other customary closing conditions. A hearing to seek required Bankruptcy Court approval is scheduled for April 9, 2024, and the transaction is expected to close shortly thereafter.
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5-day change | 1st Jan Change | ||
0.05 USD | 0.00% | 0.00% | +51.06% |
Apr. 25 | SVB-owner First Citizens' profit beats estimates on interest income strength | RE |
Apr. 10 | Motion for Asset Sale Approved for SVB Financial Group | CI |
Stocks mentioned in the article
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Capi.
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1,754 USD | -2.55% | +11.94% | 25.31B | ||
0.05 USD | 0.00% | 0.00% | 2.96M | ||
1st Jan change | Capi. | |
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+51.06% | 2.96M | |
+13.75% | 556B | |
+12.36% | 298B | |
+8.64% | 247B | |
+21.72% | 210B | |
+16.11% | 170B | |
+6.88% | 162B | |
+4.42% | 153B | |
-11.67% | 138B | |
+0.10% | 139B |
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- First Citizens BancShares, Inc. (NasdaqGS: FCNC.A) entered into a definitive purchase agreement to acquire Svb Global Services India LLP from SVB Financial Group (OTCPK