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Erste is in talks with Santander about buying stake in its Polish unit

Erste is in talks with Santander about buying stake in its Polish unit

Reuters28-04-2025

April 28 (Reuters) - Austrian bank Erste Group Bank (ERST.VI), opens new tab is in discussions with Santander (SAN.MC), opens new tab about buying a 49% stake in the Spanish bank's Polish unit (SPL1.WA), opens new tab, the lenders said on Monday.
Santander said it had received interest from several parties. Both banks said there was no certainty that the discussions would lead to an agreement.
Bloomberg News earlier reported that Erste was exploring buying 49% in Santander's Polish business.

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