Weekly Recap: Santander Brasil buyout offer and €1.4B fund with EIB/EIF
Banco Santander S.A. Sponsored ADR (BME:SAN) is proposing to buy the remaining ~10% of Santander Brasil for up to €1.908B—offering 0.4056 ADS per unit at a ~15% premium and possibly issuing ~156M new shares—while its ADR is tied to a €1.4B securitization fund backed by EIB (~€476M), EIF (~€400M) an…