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SAN Banco Santander SA

4.83
-0.04 (-0.82%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Banco Santander SA NYSE:SAN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.04 -0.82% 4.83 4.86 4.81 4.85 1,502,812 22:32:53

Santander Buys Majority Stake in Software Company Mercury TFS

13/03/2020 10:36am

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Banco Santander (NYSE:SAN)
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   By Pietro Lombardi 
 

Banco Santander SA has agreed to buy a majority stake in software company Mercury TFS for an overall investment of 30 million euros ($33.7 million).

The company, which has 130 employees in Spain and Latin America, focuses on software solutions that automate the end-to-end management of trade finance transactions for corporate customers, the Spanish bank said Friday.

Santander is buying a 50.1% stake.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

March 13, 2020 06:21 ET (10:21 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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