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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 · 2d

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 · 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, continuing a wave of dealmaking among European lenders.

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.

Warsaw Business Journal2d

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 ...

Morningstar2d

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 ...

The Corner9h

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 ...

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