Banco Santander Rio’s Acquisition of Citi’s Consumer Banking Business in Argentina
October 21, 2016
On October 9, 2016, Banco Santander Rio and Citi announced that they have reached a definitive agreement under which Citi will sell its consumer banking business in Argentina to Banco Santander Rio. The sale involves approximately US$1.4 billion in assets in Argentina and includes credit cards, personal loans and Citi Argentina’s retail brokerage business, as well as deposit accounts. Cravath represents Banco Santander Rio in connection with the transaction.
The Cravath team is led by partner David Mercado and includes senior attorney Ralph B. Currey III and associates Virginie Marier and Peter B. Weston on M&A matters; partner Christopher K. Fargo and associate Joyce Y. Kim on tax matters; associate Aaron J. Feuer on executive compensation and benefits matters; partner David J. Kappos and associate Miling Y. Harrington on intellectual property matters; and partner John D. Buretta and associate Jun Li on regulatory matters.
Related Practices & Industries
People
- Photo
-
-
J.D., 2006, Columbia Law SchoolHarlan Fiske Stone; Michael Lynne Scholar
-
B.A., 2003, Boston CollegeHonors Program, cum laude
- New York
Education
Admitted In
- Photo
-
-
J.D., 1990, University of California, Berkeley, School of Law
-
B.S., 1983, University of California, Davissumma cum laude
- New York
- California
- District of Columbia
Education
Admitted In
- Photo
-
-
M.A., 2021, King's College London
-
J.D., 1984, Yale Law School
-
A.B., 1981, Columbia College
Education
Related News & Insights
Deals & Cases
March 18, 2025
Wiz’s $32 Billion Acquisition by Google
On March 18, 2025, Wiz, Inc. (“Wiz”), a leading cloud security platform headquartered in New York, and Google LLC (“Google”) announced they have signed a definitive agreement for Google to acquire Wiz for $32 billion, subject to closing adjustments, in an all‑cash transaction. Once closed, Wiz will join Google Cloud. Cravath is representing Wiz as regulatory counsel in connection with the transaction.
Deals & Cases
March 17, 2025
PepsiCo’s $1.95 Billion Acquisition of poppi
On March 17, 2025, PepsiCo, Inc. (“PepsiCo”) announced that it has entered into a definitive agreement to acquire poppi, a prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within a specified period after closing of the transaction. Cravath is representing PepsiCo in connection with the transaction.
Deals & Cases
February 24, 2025
Bridge Investment Group’s $1.5 Billion Acquisition by Apollo
On February 24, 2025, Bridge Investment Group Holdings Inc. (“Bridge”), a leading alternative investment manager diversified across specialized asset classes, and Apollo Global Management, Inc. (“Apollo”) announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all‑stock transaction with an equity value of approximately $1.5 billion. Under the terms of the transaction, Bridge stockholders and Bridge OpCo unitholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively, valued by the parties at $11.50 per each share of Bridge Class A common stock and Bridge OpCo Class A common unit, respectively. Cravath is representing the special committee of the Bridge Board of Directors in connection with the transaction.
Deals & Cases
February 10, 2025
FactSet’s Acquisition of LiquidityBook
On February 10, 2025, FactSet, a global financial digital platform and enterprise solutions provider, announced the acquisition of LiquidityBook, a leading provider of cloud‑native buy- and sell‑side trading solutions, for a gross purchase price of $246.5 million in cash. Cravath is representing FactSet in connection with the transaction.
