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BSCH is buying rest of Banesto unit for $151M.(Brief Article)

The Daily Deal

| June 28, 2001 | Elkin, Mike | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Banco Espanol de Credito SA, or Banesto, a unit of Banco Santander Central Hispano SA, said Wednesday that BSCH will pay [Euro]14.07 a share for the 2% of Banesto that it doesn't already own. The purchase will cost BSCH a total of [Euro]175 million ($151 million). Banesto based the offer on the average …

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