Banco Santander: successful IPO of a Brazilian subsidiary
October 7th, 2009
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Madrid (aktiencheck.de Financial) – Banco Santander SA (ES0113900J37 ISIN / WKN 858872) has an IPO of its Brazilian subsidiary successfully completed and will show in this context a multi-billion dollar positive one.
As noted in a press release issued on Tuesday evening, a total of 600 million shares of Banco Santander (Madrid: BSCH.MC – News) (Brazil) SA sold at a price of 23.5 Brazilian Real (BRL). Read more…