White & Case advises Banco Santander on the tender offer for Delisting

Global law firm White & Case LLP  has advised Banco Santander, S.A., (Santander), as offerer in its MXN6,260 billion tender offer for the delisting of Banco Santander México from the Mexican Stock Exchange. 

The tender offer was launched on February 7, 2023 in both the US and Mexican stock markets, and concluded on April 10, 2023. After the delisting, Santander’s shares ceased to be traded on the Mexican Stock Exchange. Santander also delisted it American Depository Receipts from the New York Stock Exchange. 

Santander Mexico is one of the leading financial groups in Mexico that is focused on business transformation and innovation. 

The White & Case Capital Markets team was led by partner Eduardo Flores, and included partner Carlos Martínez and associate Santiago Puente (all in Mexico City).

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