GA&P Team: David González Gálvez (partner corporate), Fernando Igartua (partner corporate), David González (partner corporate), Javier Vinuesa (partner corporate) and Pio García-Escudero (Lawyer).
Acquirer: Santander Consumer Finance, S.A.
Country: Spain
Target: Societe Financiere de Banque (50% Stake)
Country: France
Value: Not Available
Deal description: We advice to Banque PSA Finance in the transaction: Santander Consumer Finance, S.A., the Spain-based consumer finance company and a subsidiary of Banco Santander, S.A., the listed Spain-based financial institution primarily engaged in retail banking, has agreed to acquire a 50% stake in Societe Financiere de Banque, the France-based company offering commercial banking services, from Banque PSA Finance SA, the France-based commercial bank providing financing services for passenger cars and utility vehicles and a subsidiary of PSA Peugeot-Citroen SA, the listed France-based car manufacturer, for an undisclosed consideration.