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Erste Group Bank has bought a 49% stake in Santander's Polish bank for around 6.8 billion euros ($7.7 billion), turning ...
Banco Santander agreed to sell most of its Polish assets to Austria’s Erste Group Bank, continuing a wave of dealmaking among European lenders.
Spanish banker Ana Botín, executive chair of Santander Group since 2014, confirmed via social media that Santander has agreed to sell 49% of its Polish banking subsidiary, Santander Bank Polska, and ...
Erste Group Bank AG agreed to buy much of Banco Santander SA’s operations in Poland for about €7 billion ($7.9 billion), marking its largest deal ever. The Austrian bank will acquire a 49% ...
The Spanish bank will reinvest half of the proceeds to push for the extraordinary buyback of its own shares. The closing is expected by the end of 2025 and the operation should guarantee Santander a n ...
That comes after a sharp rise in its share price in the past few weeks triggered by reports Santander was looking at its options. A potential divestment in Poland would come at a moment when Santander ...
Santander on Monday announced that Austria's Erste Group Bank had acquired an around 49% stake in Poland-based Santander Bank Polska and 50% of Polish asset manager Santander TFI. Shares in Erste ...
Banco Santander SAN1.68%increase; green up pointing triangle agreed to sell most of its Polish assets to Austria’s Erste Group EBS 3.65%increase; green up pointing triangle Bank for 7 billion ...
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