Spain's Santander sells 49% in Polish unit to Erste for $7.7 bln
MADRID, May 5 (Reuters) - Spain's Santander (SAN.MC), opens new tab on Monday announced the sale of a 49% stake in its Polish unit Santander Bank Polska (SPL1.WA), opens new tab for around 6.8 billion euros ($7.70 billion) to Austria's Erste Group Bank (ERST.VI), opens new tab.
It also reached a deal to sell a 50% stake in Santander's Polish asset management business to Erste for 200 million euros.
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