MEXICO CITY, Oct. 26, 2017 /PRNewswire/ — Grupo Financiero Santander México, S.A.B. de C.V. (“Santander México” or the “Group”)and Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (the “Bank”) report that the Boards of Directors of both entities, at their meetings held today, agreed on the following transactions:
(i) Corporate Restructuring
The Group and the Bank each approved the convocation of an Ordinary and Extraordinary General Meeting of Shareholders (the “Shareholders’ Meeting”) to submit for the consideration of their shareholders a corporate restructuring involving Santander México, a subsidiary of Banco Santander, S.A. (“Santander Parent“), and its financi…
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