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BRIEF-Popular Has Agreed To Acquire Wells Fargo’S Auto Finance Business In Puerto Rico [Reuters]

POPULAR (BPOP)  More Company Research Source: Reuters
Last popular earnings: 1/23 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: popular.com/en/investor-relations
PDF BRIEF-Popular Has Agreed To Acquire Wells Fargo’S Auto Finance Business In Puerto Rico | Reuters Reuters Staff 1 Min Read Feb 14 (Reuters) - Popular Inc: * POPULAR HAS AGREED TO ACQUIRE WELLS FARGO’S AUTO FINANCE BUSINESS IN PUERTO RICO * POPULAR INC - PURCHASE PRICE FOR ALL-CASH TRANSACTION IS EXPECTED TO BE APPROXIMATELY $1.7 BILLION * POPULAR INC - PURCHASE PRICE FOR ALL-CASH TRANSACTION IS EXPECTED TO BE APPROXIMATELY $1.7 BILLION * POPULAR INC - ?AS PART OF TRANSACTION, BANCO POPULAR WILL ACQUIRE APPROXIMATELY $1.5 BILLION IN RETAIL AUTO LOANS AND $340 MILLION IN COMMERCIAL LOANS * POPULAR INC - ?BANCO POPULAR WILL ALSO ACQUIRE CERTAIN OTHER ASSETS AND ASSUME CERTAIN LIABILITIES OF RELIABLE * POPULAR INC - BANCO POPULAR WILL FUND PURCHASE PRICE WITH EXISTING LIQUIDITY * POPULAR INC - ?POPULAR ANTICIPATES TRANSACTION TO CLOSE DURING Q2 OF 2018 AND BE ACCRETIVE TO EARNINGS? Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a [Read more]

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