News: Banco Santander Brasil SA (SANB11.SA)

SANB11.SA on Sao Paolo Stock Exchange

14.80BRL
28 Nov 2014
Price Change (% chg)

R$ -0.08 (-0.54%)
Prev Close
R$ 14.88
Open
R$ 14.75
Day's High
R$ 15.13
Day's Low
R$ 14.75
Volume
618,000
Avg. Vol
4,156,836
52-wk High
R$ 16.49
52-wk Low
R$ 10.84

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Tue, Nov 4 2014

Santander Brasil misses third-quarter profit estimate

SAO PAULO, Nov 4 - Banco Santander Brasil SA , the country's largest foreign bank, posted on Tuesday third-quarter net income of 536.7 million reais ($215 million), missing poll estimates.

Santander raises stake in Brazil unit to 88.3 pct

MADRID, Oct 31 - Spain's Santander said on Friday its offer to buy out minority shareholders in its Brazilian unit Santander Brasil had been accepted by investors representing 13.65 percent of the subsidiary's capital, bringing the parent group's ownership to 88.3 percent.

Deals of the day- Mergers and acquisitions

(Adds Lockheed Martin, Banco Santander Brasil, CNMV, Enel,Carlyle Group, Ryanair; Updates Advent International, Vattenfall)

STXNEWS LATAM-Santander Brasil swaps units for stake in parent company

Shareholders swapped 2.42 billion reais ($1.01 billion) worth of units in Banco Santander Brasil SA, equal to 56.5 percent of shares in circulation, for depositary receipts of Spanish parent company Banco Santander SA on Thursday.

Santander, Brazil unit change share swap terms amid delay

SAO PAULO - Spain's Banco Santander SA and its Brazilian unit changed on Thursday the ratio at which they plan to swap their stock, part of a $6.5 billion buyout of the latter, amid delays to complete the transaction.

Santander, Brazil unit change share swap terms amid delay

SAO PAULO, Oct 16 - Spain's Banco Santander SA and its Brazilian unit changed on Thursday the ratio at which they plan to swap their stock, part of a $6.5 billion buyout of the latter, amid delays to complete the transaction.

Fitch: Banco Bonsucesso's JV with Santander a Positive; No Immediate Rating Impact

(The following statement was released by the rating agency) SAO PAULO, September 05 (Fitch) Fitch Ratings views positively Banco Bonsucesso S.A.'s (Bonsucesso, LT FC IDR 'B' / Outlook Negative) recent announcement that it will establish a Joint Venture (JV) with Banco Santander Brasil SA (Santander, LT FC IDR 'BBB+' / Outlook Stable) to act in the payroll deductible loans business. The JV may allow Bonsucesso to reduce its costs and improve its capital base and liquidity metrics. This will

Santander may change swap ratio in buyout of Brazil unit

BRASILIA, July 31 - Banco Santander SA said on Thursday it could change the swap ratio in a buyout of its Brazilian unit if there is a delay in the transaction.

UPDATE 1-Santander Brasil, Bonsucesso to form lending joint venture

SAO PAULO, July 31 - Banco Santander Brasil SA agreed to pay 460 million reais ($204 million) to get a 60 percent stake in a payroll loan joint venture with smaller peer Banco Bonsucesso SA, the latest step by the nation's No. 1 foreign lender to ramp up its consumer finance division.

Santander Brasil, Bonsucesso agree to create lending joint venture

SAO PAULO, July 31 - Banco Santander Brasil SA agreed to pay 460 million reais ($204 million) to get a 60 percent stake in a payroll and payroll lending joint venture with smaller peer Banco Bonsucesso SA, the latest step by the nation's largest foreign lender to increase its consumer finance business.

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