Cuatrecasas advises Banco Santander and CaixaBank on the first bank-led plan that allows the acquisition of companies through debt

Santander turns down NatWest's $14.6bn offer for UK banking

Banco Santander has reportedly turned down a bid from NatWest for its UK retail banking operations, saying it considered the offer too low. The proposal, which was advised by Morgan Stanley and UBS, is no longer active, according to sources privy to the development, reported Financial Times. The offer made by NatWest was reported to be above £10bn ($13.2bn) but below £12bn ($15.9bn). Santander’s UK subsidiary, which encompasses both retail and c…

Cuatrecasas advises Banco Santander and CaixaBank on the first bank-led plan that allows the acquisition of companies through debt

Cuatrecasas has advised Banco Santander and CaixaBank in the restructuring operation and subsequent judicial approval of the restructuring plan of Grupo Rator, promoted by both banks and the Griñó Group as investor, in an operation that sets an important precedent in the field of corporate restructuring in Spain. The Mercantile Court number 2 of Murcia has issued a pioneering ruling, which rejects the opposition of debtors and partners and appro…