Hagendorff, Jens; Hernando, Ignacio; Nieto, María J.; … - 2010
We analyze the takeover premiums paid for a sample of European bank mergers between 1997 and 2007. We find that … supervision and of deposit insurance regimes in Europe has measurable effects on takeover pricing. Stricter bank regulatory … regimes and stronger deposit insurance schemes lower the takeover premiums paid by acquiring banks. This result, presumably in …