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Erste Group Bank has bought a 49% stake in Santander's Polish bank for around 6.8 billion euros ($7.7 billion), turning ...
Banco Santander SAN0.74%increase; green up pointing triangle agreed to sell most of its Polish assets to Austria’s Erste Group EBS 8.67%increase; green up pointing triangle Bank for 7 billion euros ...
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Spanish banker Ana Botín, executive chair of Santander Group since 2014, confirmed via social media that Santander has agreed ...
After the acquisition, Erste becomes the region’s largest banking group with €430 billion in assets, surpassing rivals like ...
The deal includes 50% of its asset management business in Poland (TFI) that Santander Polska does not control for about 200 ...
Coatue's fund is being anchored by $1 billion from family offices of Amazon founder and Michael Dell. The Swiss bank, which acquired Credit Suisse in 2023, settled the probe into violations of an ...
Erste sees this deal as a strategic move into one of Europe’s most dynamic and profitable banking markets with strong ...
The Financial Times reports major developments in global business. Peabody Energy may back out from a deal with Anglo ...
Erste Group acquired a 49% stake in Santander’s Polish bank for approximately €6.8bn, the Austrian lender said on May 5. The Austrian bank, the country’s largest, also agreed to purchase 50% of ...
The Austrian Erste Group Bank AG has announced a step towards expansion in Central and Eastern Europe. The bank is acquiring ...