financetom
Business
financetom
/
Business
/
Market Chatter: Banco Santander Weighs Sale of Remaining Stake in Polish Unit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Banco Santander Weighs Sale of Remaining Stake in Polish Unit
Nov 10, 2025 9:39 AM

12:19 PM EST, 11/10/2025 (MT Newswires) -- Banco Santander (SAN) has enlisted Citigroup ( C ) and Goldman Sachs (GS) to advise on a possible sale of its remaining interest in its Polish unit, Bloomberg reported Monday, citing people familiar with the matter.

The holding, valued at 6.8 billion Polish zloty ($1.9 billion), represents about 13% of the unit, the media outlet reported.

The sale could occur through book-building processes over the coming months, though no firm decision or timeline has been finalized, Bloomberg reported.

Santander reportedly still plans to maintain a footprint in Poland by taking full ownership of Santander Consumer Bank Polska, which was previously held by its local unit.

Santander, Citigroup ( C ), and Goldman Sachs ( GS ) did not immediately respond to MT Newswires' request for comment.

Shares of Santander were up about 2.4% in recent trading.

(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.)

Price: 10.60, Change: +0.25, Percent Change: +2.42

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Couche-Tard Posts a Fiscal Q3 Earnings Beast, Wary On
Couche-Tard Posts a Fiscal Q3 Earnings Beast, Wary On "Challenging Consumer Trends", Particularly in the U.S.
Mar 18, 2025
05:37 PM EDT, 03/18/2025 (MT Newswires) -- Alimentation Couche-Tard ( ANCTF ) , on Tuesday offered no additional on its attempts to acquire Japan's Seven & i Holdings, owner of the 7/Eleven convenience chain as it said its fiscal third-quarter profit rose 3.3% and topped estimates. The a global gas-stop and convenience operator mostly stuck to discussing its earnings for...
Factbox-Everything Nvidia announced at its annual developer conference GTC
Factbox-Everything Nvidia announced at its annual developer conference GTC
Mar 18, 2025
(Reuters) - Nvidia ( NVDA ) CEO Jensen Huang, on Tuesday, unveiled the company's next-generation line of chips at its annual software developer conference, aiming to reassure investors of its dominance in the rapidly evolving artificial intelligence industry. Here are all the products announced on stage: BLACKWELL ULTRA Nvidia ( NVDA ) said its next graphics processing unit (GPU), called...
Oracle, Singapore's Defense Agency Collaborate on Cloud Infrastructure
Oracle, Singapore's Defense Agency Collaborate on Cloud Infrastructure
Mar 18, 2025
05:36 PM EDT, 03/18/2025 (MT Newswires) -- Oracle (ORCL) has an agreement with Singapore's Defense Science & Technology Agency to deliver an Oracle Cloud Isolated Region for the Ministry of Defense and the Singapore Armed Forces. Financial details weren't disclosed. The Singapore agencies gain access to high-performance, air-gapped and secure sovereign cloud computing, data management, and artificial intelligence services in...
Morgan Stanley to cut about 2,000 jobs, Bloomberg News reports
Morgan Stanley to cut about 2,000 jobs, Bloomberg News reports
Mar 18, 2025
March 18 (Reuters) - Morgan Stanley ( MS ) is planning to lay off about 2,000 employees later this month, Bloomberg News reported on Tuesday, citing people familiar with the matter. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved