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Santander plans bid for outstanding Brazil unit shares

Santander plans bid for outstanding Brazil unit shares

- 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)

((Abu.Sultan@thomsonreuters.com;))

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