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EBRD Takes 2% Stake In Poland's Bank Zachodni WBK

WARSAW--The European Bank for Reconstruction and Development has taken a 2% stake in Polish Bank Zachodni WBK SA (BZW.WA) worth 332 million zlotys ($97.6 million), through a new share issue in which only the EBRD took part, the bank said in a statement Tuesday. EBRD signaled its plan to make an equity investment in BZWBK, controlled by Spain's Banco Santander SA (SAN.MC), in February. The investment is intended to bolster BZWBK's planned merger with smaller Polish peer Kredyt Bank SA (KRB.WA). Santander agreed to acquire Kredyt Bank from Belgium's KBC Group NV, in an all-share deal, following which the Spanish bank would have controlled 76.5% of the enlarged Bank Zachodni, if the EBRD hadn't taken a stake. Poland's financial regulator KNF, which has yet to approve the deal, prefers Polish banks to have a free float of at least 25% and remain listed on the stock exchange in Warsaw. -Write to Marynia Kruk at marynia.kruk@dowjones.com

Stock News for Banco Santander Chile (SAN)
DateTimeHeadline
02/17/201712:01:39Form 13f Holdings Report (13f-hr/a)
02/14/201718:12:47Form 13f Holdings Report (13f-hr)
02/14/201710:39:00Extended Hours And A New, Contemporary Look Make Banking At Santander...
02/08/201706:04:25Amended Statement of Ownership (sc 13g/a)
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01/27/201710:41:25Report of Foreign Issuer (6-k)
01/25/201707:07:00Santander Profit Buoyed by Fees, Lending -- 4th Update
01/25/201704:58:00Santander Profit Buoyed by Fees, Lending -- 3rd Update
01/25/201702:15:00Santander Profit Buoyed by Fees, Lending -- Update
01/24/201713:12:57Report of Foreign Issuer (6-k)
01/19/201717:31:22Amended Statement of Ownership (sc 13g/a)
01/19/201710:55:00Santander Holdings USA Declares Quarterly Dividend On Preferred...
01/11/201714:28:07Report of Foreign Issuer (6-k)
01/10/201713:28:10Report of Foreign Issuer (6-k)
01/02/201701:55:00Sanofi and Boehringer Ingelheim Confirm Closing of Business Swap...
12/29/201611:50:00Santander Donates More Than $3.3 Million In New Charitable Giving...
12/20/201616:29:45Report of Foreign Issuer (6-k)
12/15/201612:04:00Santander Bank Raises Its Prime Rate To 3.75%
12/05/201612:50:00Sanofi Genzyme Announces Start of Phase III Study of Isatuximab...
11/29/201612:43:22Report of Foreign Issuer (6-k)

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