Erste Group successfully completes acquisition of 49% controlling stake in Santander Bank Polska, „the largest cross-border transaction in the European banking sector in the past 20 years”

Erste Group Bank AG (“Erste Group”) today announced the successful completion of its acquisition of a 49% controlling stake in Santander Bank Polska S.A. and a 50% stake in Santander Towarzystwo Funduszy Inwestycyjnych S.A. from Banco Santander, S.A.. The transaction, for a total cash consideration of approximately 7.0 billion euros, transforms Erste Group into the […]