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Grupo Financiero Santander México/ Banco Santander México merger

1/2/2018
Merger
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Announced

1/2/2018

Overview:

  • Grupo Financiero Santander México and Banco Santander México have undertaken merger procedures.
  • Shareholders will each receive one share of Banco Santander for each Grupo Financiero's share.
  • Banco Santander has acquired all shares in Casa de Bolsa, Banco Santander's brokerage company.
  • Banco Santander is the second largest bank in Mexico.

Katrin Kostadinova - Data analyst 

Jurisdiction:

Mexico

Deal type:

Merger

Practice area:

M&A

Governing law:

Mexico

Industry sectors:

Banking
Financial services

Firms:
Davis Polk & Wardwell

Party: Grupo Financiero Santander México (Merger party)

Party: Banco Santander México (Merger party)

Lawyers: Nicholas Kronfeld, Nicholas Kronfeld

Mijares Angoitia Cortés y Fuentes

Party: Grupo Financiero Santander México (Merger party)

Party: Banco Santander México (Merger party)

Lawyer: Ricardo Maldonado

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