Radar > 220390

Banco Santander could acquire Italy-based Banco Carige

Banco Santander podría adquirir a la entidad italiana Banca Carige

Intel ID : 220390
Synopsis

Banco Santander is analyzing possibly acquiring Italy-based Banco Carige. The deal value could be approximately EUR 700m.

This transaction will represent a network of 1,100 offices, an important market share in Italy and a significant cost reduction.
(content in spanish)

Banco Santander está estudiando la posibilidad de adquirir a la entidad italiana Banca Carige, en una operación que podría cifrarse en torno a los EUR 700m.

La operación supondría la adquisición de una red de 1.100 oficinas, una cuota de mercado importante en Italia y un gran potencial de reducción de costes.

Bidder

Target


Intel ID 220390
Value EUR 700,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Target

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.