Banco Santander Brasil $367.3 million acquisition of Getnet

25/2/2019
Private acquisition

R$ 1.4 billion

Announced

25/2/2019


Overview:

  • Banco Santander Brasil has acquired Getnet, a card payment processor, for $367.3 million (BRL1.4 billion).

Rani Mehta - Latin America Editor

Jurisdiction:

Brazil

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Financial services
Technology and telecommunications


Firm:

Party: Banco Santander (Acquirer)