Santander To Buy 9.4% Of Puerto Rico Unit It Doesn't Own
15 December 2009 - 1:38AM
Dow Jones News
Banco Santander SA (STD) Monday said it will launch a $50
million offer for the 9.4% of its Puerto Rican unit, Santander
Bancorp (SBP), it doesn't already own.
Spain's largest bank by assets and market value said it plans to
delist Santander Bancorp from the New York Stock Exchange and from
Spain's Latibex exchange.
-By Jonathan House, Dow Jones Newswires; +34 91 395 8120;
jonathan.house@dowjones.com
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