Banque PSA and Santander Consumer Finance joint venture

5/10/2015

Completed

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:

Party: Banque PSA (Joint venture partner)


Party: Banque PSA (Joint venture partner)


Party: Santander Consumer Finance (Joint venture partner)