Santander plans bid for outstanding Brazil unit shares

Banco Santander

30/07/2026 22:50

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