S&C Advises Citizens Financial in Acquisition of Investors BancorpAugust 18, 2021
Citizens Financial Group Inc. will acquire Investors Bancorp Inc. in a transaction valued at $3.5 billion. The acquisition will increase Citizens' presence in the greater New York City and Philadelphia metropolitan areas and across New Jersey and will add $27 billion in total assets and $20 billion in deposits, as well as a middle-market, small business and consumer customer base.
The S&C team representing Citizens includes Mitch Eitel, Rodge Cohen and Ana González. Heather Coleman is advising on executive compensation matters. Mehdi Ansari is advising on intellectual property matters. Rob Schlein is advising on real estate matters. Matt Brennan is advising on environmental matters. Eric Queen and Brad Smith are advising on antitrust matters.