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 [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Banco Santander Chile (SAN)
DateTimeHeadline
03/23/201713:34:00Santander Bank Expands Its Presence In The Bronx
03/22/201717:27:00Santander Holdings USA, Inc. Announces Pricing Of Private Offering...
03/22/201709:23:00Santander Holdings USA, Inc. Announces Proposed Private Offering...
03/22/201708:48:00Santander Bank Announces Cash Tender Offers For Any And All Of...
03/16/201709:56:00Santander Bank Raises its Prime Rate to 4.00%
03/07/201715:06:43Report of Foreign Issuer (6-k)
03/07/201705:36:00Hellman & Friedman, Singapore's GIC Buy Allfunds Bank From Santander...
03/06/201715:36:59Report of Foreign Issuer (6-k)
03/03/201706:06:18Report of Foreign Issuer (6-k)
02/28/201718:33:41Report of Foreign Issuer (6-k)
02/28/201715:02:00The Newest Bank Blockchain: Will This Be the Breakthrough?
02/28/201715:01:00Correction to Bank Blockchain Story
02/28/201715:00:00Correction to Bank Blockchain Story
02/28/201710:42:00Santander Bank Opens Two New Branches In Brooklyn
02/28/201708:03:00The Newest Bank Blockchain: Will This Be the Breakthrough?
02/24/201715:41:24Report of Foreign Issuer (6-k)
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)

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US