trending Market Intelligence /marketintelligence/en/news-insights/trending/ea9ebk9jkhxjbh0vl3hjjg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

BOK Financial to acquire CoBiz Financial in $1B deal

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

BOK Financial to acquire CoBiz Financial in $1B deal

Denver-based CoBiz Financial Inc. has agreed to merge with Tulsa, Okla.-based BOK Financial Corp. in a transaction valued at approximately $1 billion.

Approximately 75% of the deal consideration will be in stock, and the remaining in cash.

CoBiz shareholders will receive $977 million of total consideration, consisting of 0.17 shares of BOK Financial common stock and $5.70 in cash for each share of CoBiz common stock. The merger consideration is valued at $23.02 per share.

More details to follow ...