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Update: Market Chatter: Santander Said to Explore Sale of Majority Stake in Polish Unit
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Update: Market Chatter: Santander Said to Explore Sale of Majority Stake in Polish Unit
Apr 8, 2025 11:23 AM

02:05 PM EDT, 04/08/2025 (MT Newswires) -- (Updates with Banco Santander's reply to a request for comment.)

Banco Santander (SAN) is exploring a potential sale of its majority stake in its Polish unit, among other options, Bloomberg reported Tuesday, citing people familiar with the matter.

The Spanish bank's stake in the unit is worth about $8 billion based on the most recent stock price, according to the report.

Santander declined to comment when contacted by MT Newswires.

(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: 5.84, Change: +0.12, Percent Change: +2.01

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