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Santander To Buy U.S. Bancorp Subsidiary Elavon México

February 24, 2020
acquisition
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Santander To Buy U.S. Bancorp Subsidiary Elavon México

February 24, 2020
Santander Group announced on Monday (Feb. 24) that it has signed an agreement to purchase global merchant acquirer Elavon México, a U.S. Bancorp subsidiary, for about $86 million (MXN 1,600 million). Santander Group will acquire all of the shares in Elavon México. The company’s ownership will be split, with 49 percent to be owned by Santander […]