Banque PSA and Santander Consumer Finance joint venture

5/10/2015

Status:

Completed

Date:

5/10/2015

Overview:

Banque PSA Finance and Santander Consumer Finance announced that it would set up a joint venture in Spain, including subsidiaries Portuguese subsidiaries and others totaling eleven countries.
The merged entity has an approximate value of $1.4 billion.

John Crabb - Journalist

Jurisdictions:

Portugal
Spain

Practice area:

M&A

Industry sectors:

Banking
Financial services

Firms:

Bredin Prat

Party: Banque PSA (Joint venture partner)

Gómez-Acebo & Pombo

Party: Banque PSA (Joint venture partner)

Lawyers: Filipe Santos Barata, Mafalda Barreto

Linklaters

Party: Santander Consumer Finance (Joint venture partner)

Lawyers: Alain Garnier, Marcos de Sousa Monteiro

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