BNC Banco Santander S.a.

473.00

-4.50 (-0.94%)

13 Feb 2025 - 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
	-4.50	-0.94%	473.00	476.00	476.50	483.50	476.00	482.50	221,120	16:35:19

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Commercial Banks, Nec	62.67B	12.57B	0.7487	8.03	80.19B

Acquisition

24/06/2010 4:41pm

UK Regulatory


 

TIDMBNC TIDMCGP 
 
RNS Number : 2157O 
Banco Santander S.A. 
24 June 2010 
 
                           MATERIAL FACT ANNOUNCEMENT 
 
 
 
Grupo Santander ("Santander") announces that it has reached an agreement with 
Citigroup Inc. ("Citi") to purchase $3.2 billion of CitiFinancial Auto's auto 
loan portfolio. In addition, Santander and Citi have entered into an agreement 
under which Santander will service a portfolio of $7.2 billion of auto loans 
that will be retained by Citi. 
 
Santander will purchase the $3.2 billion portion of the portfolio at a price 
equal to 99% of the value of the gross receivables. 
 
The transaction is expected to close by the end of the third quarter of 2010, 
and is subject to regulatory approvals and usual closing conditions. 
 
 
                                      Boadilla del Monte (Madrid), June 24, 2010 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ACQUSOVRRNANUAR