Revolut to acquire Cetelem Argentina from BNP Paribas.

Synopsis

Revolut, a fintech company, agreed to acquire Cetelem Argentina, a bank, from BNP Paribas, a multinational universal bank and financial services company. Financial terms were not disclosed.

Principals

target

Banco Cetelem Argentina

bidder

Revolut

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Market Context

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Bidder Team (1)

nik storonsky

Founder and CEO at REVOLUT LIMITED

Manager

bidder

Deals

£ 1.03 B

Total Value

Vendor Team (1)

jean-laurent bonnafe

CEO at BNP PARIBAS SA

Manager

vendor

Deals

£ 24.54 B

Total Value

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