The biggest bank in Spain, Banco Santander SA, sold its real estate arm to US-based private equity group Apollo Global Management in a deal valued at €664 million ($903 million).
EVO Banco
Breaking News
Apollo Global Management would be buying Evo Banco for USD 79 million.
The leading firms in the bidding consortiums for EVO Banco have been reported by the Financial Times.
Private equity companies Centerbridge and Anacap had been included in the list of bidders for Spain's smaller nationalized lenders.
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