PacWest merges with Banc of California in all-stock deal
25/07/2023 21:10
July 25 (Reuters) - Banc of California BANC.N and PacWest Bancorp PACW.O on Tuesday announced an all-stock merger with a $400 million equity raise from Warburg Pincus and Centerbridge Partners. (Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur) ((Niket.Nishant@thomsonreuters.com;))
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