Mergers and Acquisitions

October 28, 2012 at 10:56PM

mergers and acquisitionsMergers and acquisitions involving Minnesota companies that were announced in the past week.

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10/19Banco Santander SAU.S. BancorpU.S. Bancorp's Evalon unit and Banco Santander will MadridMinneapolisestablish a payment services joint venture in Spain. Evalon will own 51 percent of the joint venture. 10/19First East Side Saving Bank assetsStearns BankStearns Bank has acquired all of the deposits and Tamarac, Fla.St. Cloudsubstantially all of the assets of First East Side Saving Bank from the Federal Deposit Insurance Corp. 10/22Fairmont ethanol plantKoch Industries Inc.Koch Industries acquired an ethanol plant in Fairmont, Fairmont, Minn.Wichita, Kan.Minn., from Advanced BioEnergy, Bloomington. 10/23Neomend Inc.C.R. Bard Inc.C.R. Bard will acquire Neomend, a developer of sprayable Irvine, Calif.Murray Hill, N.J.surgical sealants and anti-adhesion products, from 3M Co. for $140 million. 10/23U.S. Visa & private labelToronto-Dominion BankToronto-Dominion Bank will acquire Minneapolis-based card portfolioTorontoTarget Corp.'s consumer credit card business. 10/26Cultures and enzymes businessRoyal DSMRoyal DSM will acquire Cargill's cultures and enzymes Heerlen, Netherlandsbusiness for $109.7 million.

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