Finance
Santander sells 3.5% stake in its Polish unit for around $473 million
Published by Global Banking and Finance Review
Posted on December 2, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 2, 2025
1 min readLast updated: January 20, 2026
Santander sold a 3.5% stake in its Polish unit for $473 million, reducing its ownership to 9.7% and maintaining commitment to the Polish market.
MADRID, Dec 2 (Reuters) - Spain's Santander has sold around a 3.5% stake in its Polish subsidiary Santander Polska for about $473 million through an accelerated bookbuild, the lender said on Tuesday.
The transaction will leave Santander with around a 9.7% stake in its Polish unit after completing an accelerated placement of 3,576,626 ordinary shares at a price of 482 zlotys ($132.33) per share.
That represents a discount of around 5.8% to Monday's closing price of 511.6 zlotys per share.
The partial divestment follows an agreement in May to sell a 49% stake in Santander's Polish bank for around 6.8 billion euros ($7.90 billion) to Erste Group Bank.
The bank said it will remain committed to the Polish market through Santander Consumer, and that the remaining shares in its subsidiary will be subject to a 90-day post-closing lock-up period.
($1 = 3.6423 zlotys)
($1 = 0.8610 euros)
(Reporting by Jesús Aguado; editing by Tommy Wilkes Reggiori, Victoria Waldersee and Jan Harvey)
A capital gain is the profit realized from the sale of an asset, such as stocks or real estate, when the selling price exceeds the purchase price. It is a key concept in investment.
An accelerated bookbuild is a method used by companies to quickly raise capital by selling shares to institutional investors, often at a discount to the current market price.
A trading platform is software that allows investors to buy and sell financial securities, such as stocks and bonds, through a broker. It provides tools for analysis and order execution.
A financial community refers to a network of individuals and organizations involved in finance, including investors, analysts, and institutions, who share information and resources.
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