FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Bloomberg: EverBank Financial Said to Work With UBS to Explore Sale

July 26, 2016, 07:50 AM
Filed Under: Industry News
Related: Bloomberg, Everbank, UBS

Bloomberg reports EverBank Financial Corp., the largest bank based in Florida by deposits, is exploring a sale after receiving interest from a potential suitor. This is according to people familiar with the matter.

Bloomberg says the Jacksonville-based lender has been working with UBS Group AG to solicit offers from possible buyers. The Bloomberg story notes EverBank began working with UBS to gauge interest in a sale within the last two months, after receiving an unsolicited approach, the people said.

Representatives for EverBank and UBS declined to comment, Bloomberg said.

View the Bloomberg story EverBank Financial Said to Work With UBS to Explore Sale





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.