---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-022416"
form_type: "8-K"
ticker: "SNUS-PI"
cik: "0000811830"
company_name: "Santander Holdings USA, Inc."
filed_at: "2022-01-31T23:59:59+00:00"
generated_at: "2026-06-27T13:52:17.940056+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SHUSA completes acquisition of Santander Consumer USA for $41.50/share, ~$2.5B total consideration

## Summary
- All-cash tender offer expired Jan 27, 2022; ~23.5% of shares tendered, followed by merger under DGCL 251(h).
- Each SC share not already owned converted into $41.50 in cash; aggregate consideration ~$2.5 billion funded from SHUSA cash.
- SC now a wholly owned subsidiary of SHUSA; shareholders to be paid promptly.
- J.P. Morgan and Wachtell advised SHUSA; Piper Sandler and Covington & Burling advised SC's special committee.

## SEC filing metadata
- accession: 0001193125-22-022416
- form_type: 8-K
- ticker: SNUS-PI
- cik: 0000811830
- company_name: Santander Holdings USA, Inc.
- filed_at: 2022-01-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811830/000119312522022416/0001193125-22-022416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811830/000119312522022416/d276632d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-022416
- JSON: https://secwatch.observer/filing/0001193125-22-022416.json
- Plain text: https://secwatch.observer/filing/0001193125-22-022416.txt

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