ADVFN - Advanced Financial Network.
HOME» NYSE » B » SAN Stock Price » SAN Stock News

Banco Santander Chile Share News

 Banco Santander Chile (new) Stock Price
SAN Stock Price
 Banco Santander Chile (new) Stock Chart
SAN Stock Chart
 Banco Santander Chile (new) Stock News
SAN Stock News
 Banco Santander Chile (new) Company Information
SAN Company Information
 Banco Santander Chile (new) Stock Trades
SAN Stock Trades

Shareholders Approve BZ WBK's Takeover of Kredyt Bank

By Patryk Wasilewski WARSAW--Shareholders approved Bank Zachodni WBK SA's (BZW.WA) takeover of smaller rival Kredyt Bank SA (KRB.WA) that will create Poland's third-largest bank by assets, to be controlled by Spain's Banco Santander SA (SAN.MC), BZ WBK and Kredyt Bank said Monday. Santander in February agreed with Belgian KBC Group NV (KBC.BT) to buy Kredyt Bank in an all-share deal valuing both banks at 21.5 billion zlotys ($6.4 billion) in a move to strengthen its position in one of Europe's fastest-growing economies. Santander will control 76.5% of the joint bank, and KBC will own 16.4%, which it plans on selling. KBC was hit hard by the 2008 financial crisis, and had to be bailed out with a 7 billion euro ($8.62 billion) cash infusion from Belgium's government and the regional Flemish government. As such, the European Union requires that the bank restructure and sell noncore assets. The deal, which needs to be approved by local financial regulator KNF, is expected to close later this year. One of the conditions put forward by the regulator is a dual listing of Santander shares in Poland. Write to Patryk Wasilewski at patryk.wasilewski@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Banco Santander Chile (SAN)
DateTimeHeadline
01/16/201506:14:02Spain's Isolux Corsan Plans to Raise EUR600 Million in IPO
01/09/201516:45:41U.S. Stocks Fall Despite Stronger-Than-Expected Jobs Report
01/09/201516:45:28Santander Stock Plunges Below Capital Hike Price -- 2nd Update
01/09/201516:42:46Correction to Santander Stock Plunges Below Capital Hike Price
01/09/201516:39:07Santander Stock Plunges Below Capital Hike Price--Update
01/09/201516:37:46European Shares Weighed Down by Banking Stocks -- 2nd Update
01/09/201514:16:19Santander Shares Plunge to Below Price at Capital Hike
01/09/201508:14:12European Shares Weighed Down by Banking Stocks -- Update
01/09/201505:49:07Banks Drag European Stocks Lower
01/09/201505:03:02European Shares Weighed Down by Banking Stocks
01/09/201504:16:07Santander Shares Priced at EUR6.18 Each in EUR7.5 billion Capital...
01/08/201520:28:28Car Loans See Rise In Missed Payments
01/08/201513:35:17Santander to Raise $8.88 Billion in Capital -- 3rd Update
01/08/201513:29:56Santander Chairman Says No Plans for Acquisitions
01/08/201512:47:49Santander to Issue 1.26 Billion Shares in Capital Increase
01/08/201510:54:25Santander to Raise $8.88 Billion in Capital -- 2nd Update
01/08/201509:23:43Santander to Raise $8.88 Billion in Capital -- Update
12/29/201410:13:02Novo Banco Has Four Potential Buyers
12/23/201411:49:23U.S. Hot Stocks: Hot Stocks to Watch
12/22/201419:21:24Santander, Canadian Pension Funds Confirm Venture

Banco Santander Chile and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad