financetom
Business
financetom
/
Business
/
Update: Banco Santander in Talks to Sell 49% Stake in Santander Bank Polska to Erste Group
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Banco Santander in Talks to Sell 49% Stake in Santander Bank Polska to Erste Group
May 25, 2025 8:57 PM

11:06 AM EDT, 04/29/2025 (MT Newswires) -- (Updates with Banco Santander's response in the third paragraph.)

Banco Santander (SAN) and Erste Group Bank are in discussions for the latter to potentially acquire a 49% stake in Banco Santander's Santander Bank Polska, an Erste spokesperson confirmed to MT Newswires in an email Monday.

There is "no certainty" that the talks will lead to a final deal, the spokesperson said.

Banco Santander said in a regulatory filing Monday that it received interest from "several parties" regarding a potential deal for the Santander Bank Polska unit, and that it is currently in discussions with Erste Group for the potential sale of a 49% stake in Santander Polska.

Price: 7.38, Change: -0.07, Percent Change: -0.87

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved