Banco Santander Spain Eyes Sovereign Bancorp en Barcelona Reporter
The two sides were in deep negotiations and hoped to complete a deal by today Monday | Spains Banco Santander SA was in advanced talks late Sunday to acquire full control of Sovereign Bancorp Inc., a large thrift-holding company hobbled by souring loans, according to people familiar with the matter.The two sides were in deep negotiations and hoped to complete a deal by Monday, these people said. Details of the transaction werent clear, but Santander was expected to pay roughly Sovereigns......
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