(Reuters) – Banc of California and PacWest Bancorp 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)
PacWest merges with Banc of California in all-stock deal
A general view of Pacific Western Bank in Huntington Beach