Regulatory Alerts2018-02-09 | DOF 5512723Added
Official Letter Authorizing the Merger of Grupo Financiero Santander México, S.A.B. de C.V. with Banco Santander (México), S.A.
The Ministry of Finance and Public Credit authorizes the merger of Grupo Financiero Santander México, S.A.B. de C.V. as the extinguished merged entity with Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México as the surviving merged entity. The authorization is subject to the condition that the public deed of incorporation be registered in the Public Commerce Registry within twenty business days of notification. The merged entity must also publish the authorization and merger agreements in the Official Journal of the Federation within five business days of publication and report the registration details to the Ministry within ten business days.
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