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Erste Group to Buy Santander Assets in Poland

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 · 2d

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 for 7 billion euros ($7.91 billion), continuing a wave of dealmaking among European lenders.The deal means Spain’s Santander,

Financial Times · 2d

Santander raises €7bn from Poland sale

Deal with Vienna-based Erste Group cuts exposure to country with few connections to Spanish bank’s biggest markets

The Corner7h

Santander plans share buybacks of up to €3.2bn with proceeds from sale of 49% stake in Polish subsidiary

The Spanish bank has agreed to sell 49% of its stake in Santander Bank Polska to Erste Group for around €6.8 billion, as part ...

1don MSN

Financial Services Roundup: Market Talk

Find insight on Erste Group Bank, Santander, Yeti Holdings and more in the latest Market Talks covering financial services.

Morningstar2d

Santander to Sell Poland Assets to Austria's Erste Group for $7.9 Billion — 2nd Update

Santander offloaded a 5.2% stake in Santander Bank Polska last year, but said at the time that Poland remained a core market. Poland accounted for 5.7% of Santander's underlying revenue in ...

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