Hagendorff, Jens; Hernando, Ignacio; Nieto, Maria J.; … - In: Journal of Banking & Finance 36 (2012) 3, pp. 749-759
We analyze the takeover premiums paid for a sample of domestic and cross-border bank takeovers in the European Union between 1997 and 2007. We find that acquiring banks value profitable, high-growth and low risk targets. We also find that the strength of bank regulation and supervision as well...