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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 .

The Wall Street Journal on MSN · 4d

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

Banco Santander agreed to sell most of its Polish assets to Austria’s Erste Group Bank, continuing a wave of dealmaking among European lenders.

Bloomberg · 4d

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.

GlobalData on MSN1d

Santander to shutter 18 branches in US

This decision reflects a trend among financial institutions to minimize physical branches as customers increasingly opt for ...

4don MSN

European markets mixed, Erste Group Bank rises 8% after acquiring stake in Santander's Polish unit

European bourses saw a mixed open on Monday, with U.K. markets closed for a bank holiday, as investors looked ahead to the ...

3hon MSN

Santander rejected £11bn Natwest bid for UK business

Santander rebuffed an £11bn bid for its UK retail banking division from Natwest earlier this year because it was was too low.

Morningstar4d

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 ...

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