Purpose – This paper aims to examine value gains to acquirers in large commercial bank mega‐mergers (with transaction values over £1 billion) that occurred in the European Union during the period 1997‐2007, distinguishing between domestic and cross‐border transactions....

Purpose – This paper aims to examine value gains to acquirers in large commercial bank mega-mergers (with transaction values over £1 billion) that occurred in the European Union during the period 1997-2007, distinguishing between domestic and cross-border transactions....