Processing timeline
20
days
Acquirer(s)
CB Victoria Lux S.à r.l B301689
Target(s) or Vendor(s)
Ebury Partners Limited CRN 07086058
Other parties
None listed
Centerbridge Partners, through CB Victoria Lux S.à r.l., is acquiring an additional interest in Ebury Partners Limited, a cross-border foreign exchange and payments platform. The transaction, structured as a share sale, will result in Ebury being jointly controlled by Centerbridge Partners and current majority owner Banco Santander, S.A.
CB Victoria Lux S.à r.l., a special purpose vehicle which is ultimately controlled by investment funds managed by Centerbridge Partners, L.P. ( Centerbridge ) proposes to acquire an additional interest in Ebury Partners Limited ( Ebury ) (the Acquisition ). The Acquisition will be implemented pursuant to a Subscription and Shareholders' Agreement and various Share Purchase Agreements. Centerbridge is an investment management firm, investing in companies globally. Ebury is a cross-border foreign exchange ( FX ) and payments platform serving companies that transact internationally, principally supporting them with payments in different currencies (spot FX) and currency risk. It is currently majority controlled by Banco Santander, S.A. ( Santander ). Post-acquisition, Ebury will be jointly controlled by Santander and Centerbridge.