2024 M&A Year in Review - Flipbook - Page 29
M&A Year in Review | 2024
We advised Metro Bank Holdings PLC on the sale of
a £2.5 billion prime residential mortgage portfolio to
NatWest Group PLC.
The transaction supports Metro Bank’s strategy
to reposition its balance sheet and enhance riskadjusted returns on capital.
Lawyers in our London office led the transaction,
with support from our antitrust, capital markets,
employment, privacy and cybersecurity, regulatory,
restructuring, and tax practices.
We advised NBT Bancorp Inc., a financial holding
company with operations across the Northeastern
United States, on its US $236 million acquisition of
Evans Bancorp, Inc., which operates throughout
Western New York.
This merger brings together two established banks
and extends NBT’s growing footprint into Western
New York.
Lawyers in our Washington, D.C. office led the
transaction, with support from our New York
and Northern Virginia offices and our banking,
employment, litigation, and tax practices.
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