--- title: "Banco Santander to acquire Webster in two-step transaction valued at $75.00 per share" type: "News" locale: "en" url: "https://longbridge.com/en/news/286822227.md" description: "Banco Santander will acquire Webster for $75.00 per share in a two-step transaction. Webster will merge into a subsidiary, which Santander will then acquire. Post-transaction, Santander plans to integrate Webster Bank into Santander Bank. Webster faces litigation over disclosure issues, which it disputes and has addressed in proxy disclosures." datetime: "2026-05-18T21:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286822227.md) - [en](https://longbridge.com/en/news/286822227.md) - [zh-HK](https://longbridge.com/zh-HK/news/286822227.md) --- # Banco Santander to acquire Webster in two-step transaction valued at $75.00 per share **Webster agreed to be acquired by Banco Santander for implied exchange consideration of $75.00 per share.** **Key Highlights:** - Transaction: Webster will merge into a Webster subsidiary, then Banco Santander will acquire that subsidiary via a statutory share exchange. - Post-close plans: Banco Santander intends to contribute the subsidiary to Santander Holdings USA and may merge entities, including combining Webster Bank into Santander Bank. - Consideration: Exchange consideration implied at $75.00 per Webster share based on Santander reference price used by J.P. Morgan. - Litigation: Webster received demand letters and three stockholder complaints alleging disclosure deficiencies; Webster disputes the claims and voluntarily supplemented proxy disclosures. Original SEC Filing: WEBSTER FINANCIAL CORP \[ WBS \] - 8-K - May. 18, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [SAN.US](https://longbridge.com/en/quote/SAN.US.md) - [WBS.US](https://longbridge.com/en/quote/WBS.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [BNC.US](https://longbridge.com/en/quote/BNC.US.md) - [BNC.UK](https://longbridge.com/en/quote/BNC.UK.md) - [WBS-F.US](https://longbridge.com/en/quote/WBS-F.US.md) - [WBS-G.US](https://longbridge.com/en/quote/WBS-G.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [BNCWW.US](https://longbridge.com/en/quote/BNCWW.US.md) - [VAPEW.US](https://longbridge.com/en/quote/VAPEW.US.md) - [VAPE.US](https://longbridge.com/en/quote/VAPE.US.md) - [CEADW.US](https://longbridge.com/en/quote/CEADW.US.md) - [CEAD.US](https://longbridge.com/en/quote/CEAD.US.md) ## Related News & Research - [Santander US Survey Finds Resilient Consumers in Need of Vehicles, Used-Car Demand Persists | SAN Stock News](https://longbridge.com/en/news/286291166.md) - [Webster Financial Q1 profit beats on higher interest income](https://longbridge.com/en/news/284444941.md) - [We asked top startup investors how they use AI. Here's what they said.](https://longbridge.com/en/news/287035972.md) - [Artivion Completes Acquisition of Endospan Ltd. | AORT Stock News](https://longbridge.com/en/news/286758893.md) - [Americans Determined to Grow Savings with Tax Refunds, Santander Bank Survey Finds | SAN Stock News](https://longbridge.com/en/news/282862241.md)