Santander: $2.4B for Sovereign Stake

October 23, 2005

134

Spain’s Banco Santander Central Hispano SA on Monday said it will pay $2.4 billion for a 20% stake in Philadelphia-based Sovereign Bancorp Inc., which plans to use the proceeds to expand in New York City.

*For more on this story,

read the full Associated Press article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

8. California Coastal Communities Inc.

Companies Vesting Some Options Now

staff-author

Santander: $2.4B for Sovereign Stake

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Zov’s Remains as Enderle Center Gets Burnham-Ward Makeover

Endologix Acquires Pounce System from Surmodics

Midday Stock Roundup: Kura Sushi Rises on Reported Trump Purchase

Related Articles

Zov’s Remains as Enderle Center Gets Burnham-Ward Makeover

Endologix Acquires Pounce System from Surmodics

Midday Stock Roundup: Kura Sushi Rises on Reported Trump Purchase

SpyGlass Secures Billing Code for IOL Platform

Executives Lead Way on AI Usage: TrustedTech

Advertise With Us

About Us

Subscriber Links

Other Journals