Prosperity Bancshares acquires Banco Popular, NA (6 branches) — deal terms · VectorShift Research

About This Deal

Prosperity Bancshares acquired Banco Popular, NA (6 branches), a transaction announced in 2008.

Purchased six Banco Popular branches, adding five retained banking centers to Prosperity's Texas network.

Purchased six Banco Popular branches, adding five retained banking centers to Prosperity's Texas network.

Deal Terms

Acquirer

Prosperity Bancshares

Target

Banco Popular, NA (6 branches)

Value

Not disclosed

Date

2008

Type

Full acquisition

Status

Completed

Transaction Details

Announced

2008

Advisors

Advisory firms were not disclosed for this transaction.

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Prosperity Bancshares acquires American State Financial Corporation (American State Bank)

Sources: Press release ↗

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