Santander Bank Polska put up for sale? The Spanish bank is considering various options

The Spanish Santander is investigating options about his majority packet of shares in the Polish branch of the bank, says Bloomberg. Referring to people familiar with the case, he states that the table has, among others Sales of shares at Santander Bank Polska, which are valued at around $ 8 billion.

Bloomberg reports that the largest Spanish bank is the owner of 62.2 percent. shares in Santander Bank Polska. Currently, together with the advisory company, he is considering various scenarios for the future, which do not exclude the sale of the shares of the Polish branch of the bank. What's more, the bank was about to study the market for the search for potential investors. According to the valuation at the end of today's session, the Spanish shares at Santander Bank Polska are worth around PLN 33 billion.

Santander refused to comment on this matter. However, as he announced earlier, he wants to focus on expansion in the Americas, including reducing your commitment in Europe.

After publication in Bloomberg News, the shares of Spanish Santander increased by about 6.06 percent, and the Polish bank by 6.9 percent. According to the results given by Santander Bank Polska, Santander had the third largest assets. Their value is PLN 304.37 billion, which means an increase of 10 percent. rdr. Michał Kubicki wrote more about it in the article: “Banks have broken the bank, but they will share with others. Dividends from the sector are taking shape.”

ed. aw

Source: