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Simpson Thacher Represents JPMorgan as Financial Advisor to Umpqua Holdings in Combination With Columbia Banking System

10.13.21

The Firm is representing J.P. Morgan Securities LLC as financial advisor to Umpqua Holdings Corporation (Nasdaq: UMPQ) in connection with its all-stock combination with Columbia Banking System, Inc. (Nasdaq: COLB) to create a leading West Coast franchise with more than $50 billion in assets. Closing of the transaction is subject to customary conditions, including regulatory and shareholder approvals.

Umpqua Holdings is the parent company of Umpqua Bank, an Oregon-based community bank with locations across Oregon, Washington, California, Idaho and Nevada. Columbia Banking System is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank with locations throughout Washington, Oregon, Idaho and California.

The Simpson Thacher team includes Lee Meyerson and Stephen Wiseman (M&A).