3 Firms Craft Santander Holdings' $2.5B Subsidiary Buyout

By Charlie Innis (August 24, 2021, 2:00 PM EDT) -- A U.S. unit of Santander will absorb its Dallas-headquartered consumer finance entity by paying about $2.5 billion for the slice of shares it does not already own, in a deal shaped by three law firms, according to a statement Tuesday.

The deal will fully unite Santander Holdings USA, the intermediate holding company for the Santander Group's U.S. businesses, with its subsidiary Santander Consumer USA Holdings Inc., a consumer finance company focused on auto lending. The terms of the deal value Santander Consumer's equity at $12.7 billion, according to a statement.

Santander Consumer USA Holdings Inc., will go private from the transaction....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!