Macro Finance
Santander Sweetens Offer for Brazil Unit Stake With 5% Increase
Bloomberg Markets·November 12, 2026·1 min read
Banco Santander SA raised its offer to buy out minority shareholders of its Brazilian unit by 5%, while saying it still provides an attractive return on invested capital for the Spanish lender. The increased offer aims to secure the acquisition and reflects Santander's confidence in the Brazilian unit's value.
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