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Austria's Erste Group strikes deal with Santander

Austria's Erste Group strikes deal with Santander to expand in Poland

Erste Group Bank has bought a 49% stake in Santander's Polish bank for around 6.8 billion euros ($7.7 billion), turning Austria's largest lender into one of the most important banks in Poland and freeing up billions for Santander .

Bloomberg · 3d

Erste to Buy Santander Polish Businesses in €7 Billion Deal

Erste Group Bank AG agreed to buy much of Banco Santander SA’s operations in Poland for about €7 billion ($7.9 billion), marking its largest deal ever.

The Wall Street Journal on MSN · 3d

Santander to Sell Poland Assets to Austria’s Erste Group for $7.9 Billion

The Austrian bank has agreed to buy 49% of consumer bank Santander Bank Polska and a 50% stake in asset management firm Santander TFI.

Warsaw Business Journal3d

Erste buys Santander Bank Polska, pays PLN 584 per share

After the acquisition, Erste becomes the region’s largest banking group with €430 billion in assets, surpassing rivals like ...

3don MSN

European stocks mixed as investors await earnings and central bank decisions

European markets kicked off the week on a cautious note, trading mixed on Monday amid holiday-thinned volumes and growing ...

Morningstar3d

Santander to Sell Poland Assets to Austria's Erste Group for $7.9 Billion — 2nd Update

Banco Santander agreed to sell most of its Polish assets to Austria's Erste Group Bank for 7 billion euros ($7.91 billion), continuing a wave of dealmaking among European lenders. The deal means ...

SeeNews6d

Romania's manufacturing downturn eases in April - Erste

Romania's manufacturing Purchasing Managers' Index (PMI) rose to 48.3 points in April, up from 46.9 points in March, Austrian ...

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