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BNC Banco Santander S.a.

407.50
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Banco Santander S.a. LSE:BNC London Ordinary Share ES0113900J37 ORD EUR0.50 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 407.50 410.00 411.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 59.64B 11.08B 0.6999 7.12 78.81B

Banco Santander S.A. Agreement with Deutsche Bank, A.G. (3353Z)

14/12/2017 7:29am

UK Regulatory


Banco Santander (LSE:BNC)
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TIDMBNC

RNS Number : 3353Z

Banco Santander S.A.

14 December 2017

MATERIAL FACT

Santander Group hereby announces that its subsidiary Bank Zachodni WBK, S.A., together with Banco Santander, S.A., has reached an agreement with Deutsche Bank, A.G. for the acquisition of the retail and private banking businesses from Deutsche Bank Polska, S.A. (excluding foreign currency mortgage portfolio) and including the shares of DB Securities, S.A. (Poland) for an estimated total consideration of EUR 305 million.

The transaction, which is subject to the required regulatory authorisations and the approval by the General Shareholders' Meetings of Bank Zachodni WBK, S.A. and Deutsche Bank Polska, S.A., will have a negligible impact, if any, on the Group's fully loaded CET1.

Boadilla del Monte, Madrid, 14 December 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGRLIFFDFRLSLID

(END) Dow Jones Newswires

December 14, 2017 02:29 ET (07:29 GMT)

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