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Magnetar Capital acquires Key Bank (2026)
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acquisitionAnnounced · Mar 12, 2026Financial ServicesSource · Unverified ReportsArticle · Factual
Key Bank
Magnetar Capital
Key Bank · Magnetar Capital

Magnetar Capital acquires Key Bank

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$3.4M
Target
Key Bank
Key Bank
NYSE: KEY · Cleveland, Ohio
Acquirer
Magnetar Capital
Magnetar Capital
Financial Stake
Status
Completed

Magnetar Capital agreed to acquire Key Bank. Reported deal value: $3.4M. Status: Completed. Sector: Financial Services. Target headquarters context: Cleveland, Ohio, United States.

This page summarizes publicly available information about the transaction as of 2026-03-12. Figures and status may change as filings and press coverage update.

Magnetar Financial LLC acquired a new stake of 181 , 055 shares in KeyCorp during the third quarter, according to a recent 13F filing with the SEC

Deal timeline

Announced
Mar 12, 2026 · nationaltoday.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Financial Services with a reported deal value of $3.4M. Figures and status may change as sources update.

Sources: nationaltoday.com · Primary article · FireStrike proprietary index