Sullivan & Cromwell LLP Logo
  • Home
  • Lawyers
  • Practices
  • Insights
  • About
  • Careers
  • Alumni
  • Twitter icon
  • LinkedIn icon
  •  icon
  • Podcasts icon
© 2025 Sullivan & Cromwell LLP
    • Home
    • Lawyers
    • Practices
    • Insights
    • About
    • Careers
    • Alumni
    Home /  About /  News And Events /  Client Highlights
    Client Highlights

    Popular Completes Acquisition of Wells Fargo’s Auto Finance Business in Puerto Rico

    • Our Lawyers
    • Related Practices
    August 1, 2018
    S&C represents Popular, Inc., in connection with its subsidiary Banco Popular de Puerto Rico's acquisition and assumption from Reliable Financial Services, Inc. and Reliable Finance Holding Company, subsidiaries of Wells Fargo & Company, certain assets and liabilities related to Wells Fargo's auto finance business in Puerto Rico, for a price of approximately $1.6 billion. The S&C transaction team was led by Donald Toumey, along with Eric Diamond and Kristin Rulison. Rodgin Cohen advised on certain regulatory matters; Robert Downes advised on certain SEC reporting matters; and Rebecca Coccaro and Joshua Green advised on executive compensation and benefits matters.
    Read More
    Stay Updated

    Subscribe to stay current on S&C Insights.

    Our Lawyers

    Our Lawyers

    H. Rodgin Cohen Headshot Photo
    H. Rodgin Cohen
    New York
    +1-212-558-4000
    Email
    vCard
    Robert W. Downes Headshot Photo
    Robert W. Downes
    New York
    +1-212-558-4312
    Email
    vCard
    Donald J. Toumey
    New York
    +1-212-558-4077
    Email
    vCard
    Read More

    Related Practices

    • Environmental Litigation
    • Environmental Transactions
    • Financial Services
    • Financial Services Mergers & Acquisitions
    • Latin America
    • Mergers & Acquisitions
    • Tax
    Sullivan & Cromwell LLP Logo
    • Twitter icon
    • LinkedIn icon
    • RSS Feed icon
    • Podcasts icon
    • Home
    • Contact Us
    • Information Policy Relating to Cookies
    • Privacy Policy
    • California Privacy Policy
    • Website Notice
    • Attorney Advertising Notice
    © 2025 Sullivan & Cromwell LLP