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Santander sold a 3.5% stake in Santander Polska for $473 million, reducing its ownership to 9.7%.
Banco Santander sold a 3.5% stake in its Polish unit, Santander Polska, for about $473 million in an accelerated bookbuild, reducing its ownership to 9.7%.
The transaction, completed in late November 2025, involved 3.58 million shares priced at 482 zlotys each, a 5.8% discount to the prior day’s closing price.
This follows a May 2025 agreement to sell a 49% stake to Erste Group for about $7.9 billion.
Santander reaffirmed its continued commitment to the Polish market through Santander Consumer, with remaining shares subject to a 90-day lock-up.
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Santander vendió una participación del 3,5% en Santander Polska por $473 millones, reduciendo su propiedad a 9,7%.