Santander Consumer agrees to go private in $12.7 billion deal By Reuters
© Reuters.
(Reuters) – Santander Consumer USA (NYSE:) Holdings Inc said on Tuesday it had agreed to be taken private by its majority shareholder Santander (MC:) Holdings USA, Inc.
New York Stock Exchange-listed Santander Consumer said in a statement that Santander Holdings would buy its shares at $41.50 a piece in cash, representing an equity value of $12.7 billion.
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