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Santander sells 49% of Polish branch to Austrian Erste for 6,8 billion: half of proceeds for buybacks
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
GlobalData on MSN14h
Santander to offload 49% stake in Polish business to Erste for €7bnErste will fund the all-cash purchase entirely with "internal resources", by cancelling its planned €700m share buyback.
1don MSN
European bourses saw a mixed open on Monday, with U.K. markets closed for a bank holiday, as investors looked ahead to the ...
Santander said on Wednesday it was monitoring market uncertainty very closely, though it stuck to higher profit goals in 2025 ...
EUROPEAN shares extended their winning streak on Monday, with investors focusing on developments from the trade war alongside ...
Deal with Vienna-based Erste Group cuts exposure to country with few connections to Spanish bank’s biggest markets ...
Erste Group Bank AG is exploring buying a major stake in Banco Santander SA’s Polish unit, seizing an opportunity to expand ...
Profitability was notably boosted by strong results from the bank’s Spanish retail division and its U.S. digital consumer ...
(Reuters) -European shares inched lower on Monday as investors awaited further details on the U.S.-China trade negotiations, ...
Shares of Spain's Banco Santander have been an exceptional performer so far this year, returning over 60%. Learn more about ...
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