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Board considers merger by absorption of Banesto

17th Dec 2012 07:39

RNS Number : 6554T
Banco Santander S.A.
17 December 2012
 

 

 

 

 

MATERIAL FACT

 

Banco Santander announces that its Board of Directors, which will meet this morning, will consider the merger by absorption of Banco Español de Crédito, S.A. (the absorbed company) by Santander (the absorbing company). The market will be duly informed as soon as a decision is made.

 

This transaction is being realized as part of a commercial integration which will bring Banesto and Banif under the Santander brand.

 

 

Boadilla del Monte (Madrid), 17 December, 2012

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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