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Santander Asset Management mulls sale of 50% stake in Allfunds Bank

SantanderAsset Management is looking into selling its 50% interest in , Bloomberg Newsreported Oct. 7, citing "people familiar with the matter."

Talks for thesale of the investment business, which in its entirety could be valued at some€2 billion, are in the early stages.

holds theremaining 50% stake in Allfunds.