US EditionM&A Report: Crescent Bank exits auto lending in major deal
Summary by New Orleans CityBusiness
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
M&A Report: Crescent Bank exits auto lending in major deal
KEY TAKEAWAYS: Crescent Bank to sell $815M auto loan business to Arra Finance Deal includes tech tools, fraud systems, and 180 employees Loadstar expands marine services with Atlas Marine acquisition Maritime Partners to acquire Centerline Logistics to broaden reach New Orleans-based Crescent Bank has agreed to sell its auto financing division to Arra Finance. The deal, expected to close in the third quarter of 2025, will add Crescent’s $8…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
