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Banco Santander agreed to sell most of its Polish assets to Austria’s Erste Group Bank, continuing a wave of dealmaking among European lenders.
Goerlich MADRID/VIENNA (Reuters) -Erste Group Bank has bought a 49% stake in Santander's Polish bank for around 6.8 billion euros ($7.7 billion), turning Austria's largest lender into one of the most ...
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% ...
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 ...
So, in that sense not that much has changed in our approach to Poland. What will change ... Group Bank is considering buying a 49% stake in Santander's Polish division, a threshold at which ...
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 ...
Poland has thrived on the back of homegrown consumption, fuelled by double-digit wage growth. Santander Bank Polska is the country's third-largest bank by assets and also one of the most ...
European bourses had a mixed start to the week on Monday, with U.K. markets closed for a bank holiday, as investors looked ahead to the latest economic data and corporate earnings reports due this ...