Santander selling 2% in BZ WBK
12:33
Spanish lender Banco Santander has launched accelerated book-building for the sale of 2 percent in its Polish unit BZ WBK, the bank said on Wednesday.
Santander is selling 1,984,691 shares in BZ WBK. It now holds 70,865,465 shares, or a 71.41-percent stake, in the Polish bank.
Deutsche Bank AG, Dom Maklerski BZ WBK and UBS Limited are global coordinators and book-builders in the process.