Santander plans bid for outstanding Brazil unit shares
Santander plans bid for outstanding Brazil unit shares July 30 (Reuters) - Santander SAN.MC said on Thursday it intends to launch an offer to acquire all outstanding shares in its Brazilian subsidiary SANB3.SA that it does not already own, in a deal worth up to €1.908 billion euros ($2.20 billion).
($1 = 0.8678 euros)
(Reporting by Abu Sultan in Bengaluru; Editing by Sahal Muhammed)
Recent news on Banco Santander
See all newsBanco Santander S.A. - Notice of 9M 2026 results presentation
Top of the Street: Santander, Vonovia, European telecoms, Rightmove
Barclays, Jefferies upbeat on Spanish bank fundamentals into Q3 results
Europe Research Roundup: Bankinter, Santander, Volex
Spanish stocks - Factors to watch on Oct 20 (updated)