---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-254528"
form_type: "8-K"
ticker: "SNUS-PI"
cik: "0000811830"
company_name: "Santander Holdings USA, Inc."
filed_at: "2021-08-24T23:59:59+00:00"
generated_at: "2026-06-29T08:15:54.285314+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Santander Holdings to acquire remaining 20% of Santander Consumer USA at $41.50/share

## Summary
- Offer price $41.50 per share, representing a 14% premium to July 1 close of $36.43.
- SHUSA already owns ~80% of SC; transaction will acquire remaining ~20% for cash.
- Expected to close late Q4 2021 subject to Federal Reserve approval; accretive to Banco Santander EPS by ~3% in 2022.
- Estimated capital impact: SHUSA CET1 down 73 bps; parent Banco Santander CET1 down ~10 bps.
- Special Committee of SC board unanimously recommended the offer.

## SEC filing metadata
- accession: 0001193125-21-254528
- form_type: 8-K
- ticker: SNUS-PI
- cik: 0000811830
- company_name: Santander Holdings USA, Inc.
- filed_at: 2021-08-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811830/000119312521254528/0001193125-21-254528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811830/000119312521254528/d211309d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-254528
- JSON: https://secwatch.observer/filing/0001193125-21-254528.json
- Plain text: https://secwatch.observer/filing/0001193125-21-254528.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.