Brussels authorizes Santander and Centerbridge to buy Ebury
The operation "does not generate concern" about its impact on free competition, according to the community institution.
The European Commission has authorised the acquisition of Ebury, a tech-financial company specialising in international payments, by Spain's Santander bank and US-based Centerbridge. The deal, which mainly affects banking and financial services, does not raise concerns about its impact on free competition, according to the Commission. Ebury was founded in the UK in 2009 by two Spanish entrepreneurs and was 50.1% owned by Santander in 2020. Centerbridge later invested in the company through various funding rounds.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
