Santander to Raise Up to $7.2 Billion in Brazil Sale
JUSTIÇA DE SÃO PAULO DETERMINA QUE O MUNICIPIO AUTORIZE A EXPEDIÇÃO DE NOTAS FISCAIS ELETRÔNICAS.
9 de fevereiro de 2024
Por que Rússia deve crescer mais do que todos os países desenvolvidos, apesar de guerra e sanções, segundo o FMI
18 de abril de 2024Banco Santander, Spain’s largest bank, aims to raise as much as 13.1 billion reais ($7.2 billion) by selling shares in its Brazilian unit, Bloomberg News writes.
Banco Santander will sell 525 million units at 22 reais ($12.13) to 25 reais ($13.78), the Spanish lender said Monday in a statement. Each unit will include 55 common shares and 50 preferred shares. The offering is equivalent to 16.2 percent of the current capital of the Brazilian unit, Santander said.
Santander, which traces its involvement in Brazil to the late 1950s, bought Banco do Estado de Sao Paulo SA for $4.8 billion in 2000 and paid 11 billion euros ($16.1 billion) for ABN Amro’s Brazilian unit, Banco Real, in 2007.
