08:52 AM EDT, 07/03/2024 (MT Newswires) -- Banco Santander (SAN) has sold its 15% stake in the credit and real estate partnership Aktua Soluciones Financieras Holding to Intrum for 10 million euros ($11 million), Bloomberg reported Wednesday, citing people familiar with the matter.

Intrum will continue to manage some of Santander's real estate assets and non-performing loans, the report said.

Banco Santander and Intrum did not immediately respond to MT Newswires' requests for comment.

Shares of Banco Santander were up 1.5% in recent Wednesday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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