Fifth Third Bancorp to Merge with MB Financial, Inc. Creating a Leading Retail and Commercial Franchise in the Attractive Chicago Market

CINCINNATI & CHICAGO--( BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB; www.53.com) and MB Financial, Inc. (Nasdaq: MBFI; www.mbfinancial.com) jointly announced today the signing of a definitive merger agreement under which MB Financial, Inc. (“MB Financial”) will merge with Fifth Third Bancorp (“Fifth Third”) in a transaction valued at approximately $4.

7 billion. Approximately 90 percent of the consideration will be in stock with the rest in cash.