Comerica : Sterling Bancshares Dealogic Deal #  : 725930
Data as of : 1/18/2011
Target Acquiror Dates & Values
Sterling Bancshares Comerica
Target: 100 % stake Buying: 100 % stake Rumored - Deal Value $m 1,027.9
NS SBIB 102 m shares outstanding Public (Listed) Announced 18th Jan 2011 Value ex Debt $m 1,027.9
United States United States
Finance Finance Expected 2Q 2011 Consideration
Morgan Stanley | Advisor Sandler O'Neill | Advisor Completed -
DLA Piper | Attorney Wachtell, Lipton | Attorney
Locke Lord Bissell | Attorney Withdrawn -
Termination Fee, Target $m tbd
Termination Fee, Acquiror $m tbd
Financials 30th Sep 2010
Balance Sheet Debt/Equity: 7.1
Timeline Events Premiums & Multiples
Initial Offer $9.99
Current Offer $9.99
Income Statement
Cash Flows
Operations $m 46
Profitability
Profit Margin 1%
Return on Equity 0%
League Table Impact Sector Trend
2010 YTD Announced Global M&A by Deal Value, $bn Monthly Announced Global M&A, $bn: Finance
1 Barclays Capital 57.2
2 JPMorgan 47.6
3 Goldman Sachs 42.6
4 BOA Merrill Lynch 37.4
5 Lazard 26.2
6 Citi 20.6
7 RBS 20.0
8 UBS 19.9
9 Credit Suisse 19.6
10 UniCredit 18.3
12 Morgan Stanley 13.8
35 Sandler O'Neill 1.0
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