trending Market Intelligence /marketintelligence/en/news-insights/trending/t7wmwVruEUbsiN-nllae-g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

EU approves Santander's acquisition of Spanish insurer from Allianz

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

EU approves Santander's acquisition of Spanish insurer from Allianz

The European Commission has given the green light to Banco Santander SA's acquisition of a 60% stake in Allianz Popular SL from Allianz Group.

"The commission concluded that the proposed transaction would raise no competition concerns given the limited horizontal and vertical overlaps between the activities of the companies and the fact that Banco Santander already jointly controls Allianz Popular," the EU executive body said Jan. 9.

In June 2019, Santander and Allianz agreed to terminate a deal between Banco Popular Español SA and the German insurance group for the exclusive distribution of certain life and nonlife insurance products, collective investment institutions and pension plans through the Popular network. Under the termination agreement, Banco Santander will pay €936.5 million for Allianz's stake.

Santander acquired Popular for a symbolic €1 on June 7, 2017, after it was wounded down by European authorities.