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SAN Banco Santander SA

4.80
0.00 (0.00%)
02 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
  0.00 0.00% 4.80 4.85 4.73 4.75 1,676,256 01:00:00

Santander Buys Spanish Vehicle-Sales Platform Coches.com

24/01/2020 10:49am

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Banco Santander (NYSE:SAN)
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From May 2019 to May 2024

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   By Giulia Petroni 
 

Banco Santander SA (SAN.MC) said Friday that its consumer-finance business acquired a 93.8% stake in Autodescuento SL, the owner of online vehicle-sales platform coches.com.

The Spanish bank said the platform, which counts more than three million unique users a month, is part of a strategy to invest in the car-distribution industry in Spain and enhance its digitization processes in the sector.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

January 24, 2020 05:34 ET (10:34 GMT)

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

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