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Bloomberg: EverBank Financial Said to Work With UBS to Explore Sale

Date: Jul 26, 2016 @ 07:50 AM
Filed Under: Industry News

Bloomberg reports EverBank Financial Corp., the largest bank based in Florida by deposits, is exploring a sale after receiving interest from a potential suitor. This is according to people familiar with the matter.

Bloomberg says the Jacksonville-based lender has been working with UBS Group AG to solicit offers from possible buyers. The Bloomberg story notes EverBank began working with UBS to gauge interest in a sale within the last two months, after receiving an unsolicited approach, the people said.

Representatives for EverBank and UBS declined to comment, Bloomberg said.

View the Bloomberg story EverBank Financial Said to Work With UBS to Explore Sale

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