Announced
Santander Consumer Bank to acquire MCE Bank from Mitsubishi.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Private
Domestic
banking
Acquisition
Majority
Pending
Friendly
Banks
Germany
Single Bidder
Synopsis
Santander Consumer Bank, a German Credit Institution, agreed to acquire MCE Bank, a provider of comprehensive financial services in the automotive sector and IT services for car dealers in Germany, from Mitsubishi, Japan's largest general trading company. Financial terms were not disclosed.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
No credit card required
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.