Santander offers $2.9 billion to take control of Mexico businessChristian Fernsby ▼ | April 12, 2019
Santander made an offer to take full control of its business in Mexico via a deal worth 2.6 billion euros ($2.93 billion).
Acquisition Mexico accounted for 8 percent of Santander’s earnings last year
Santander’s chief financial officer Jose Antonio Garcia told analysts the bank was confident about Mexico’s long-term prospects. “We see this as an opportunity to increase our exposure to Mexico.” ■