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Austria's Erste Group strikes deal with Santander

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 .

Bloomberg · 1d

Erste to Buy Santander Polish Businesses in €7 Billion Deal

Erste Group Bank AG agreed to buy much of Banco Santander SA’s operations in Poland for about €7 billion ($7.9 billion), marking its largest deal ever.

The Wall Street Journal on MSN · 1d

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, continuing a wave of dealmaking among European lenders.

Warsaw Business Journal1d

Erste buys Santander Bank Polska, pays PLN 584 per share

After the acquisition, Erste becomes the region’s largest banking group with €430 billion in assets, surpassing rivals like ...

Independent.ie7d

AIB’s former Polish subsidiary valued at €14bn in new deal

Austria’s biggest bank, Erste Group, is in talks to buy a major stake in Banco Santander’s Polish unit in a deal that values ...

Morningstar1d

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

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 ...

14h

Financial Services Roundup: Market Talk

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

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