Banco Santander SA says booking 740 million-euro gain from listing of Santander Consumer USA Holdings Inc-Reuters


Thursday, 23 Jan 2014 02:54am EST 

Banco Santander SA:Says it will make a 740 million-euro net gain from the listing of its Santander Consumer USA Holdings Inc unit-Reuters.21.6 percent of Santander Consumer USA Holdings Inc had been placed in the market at a price of $24 per share, valuing it at $8.3 billion.Of that placement, 4 percent was sold by Banco Santander SA, which now holds a 60.7 percent stake in Santander Consumer USA, while the rest of the shares sold belonged to other investors. 

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