|Bid||0.00 x 500000|
|Ask||0.00 x 250000|
|Day's range||503.50 - 512.50|
|52-week range||261.86 - 578.50|
|PE ratio (TTM)||10.50|
|Dividend & yield||N/A (N/A)|
|1y target est||4.48|
LONDON/MADRID, July 21 (Reuters) - Spain's Banco Santander (Amsterdam: 817651.AS - news) is seeking bids by next Monday for some 30 billion euros ($34.91 billion) of property assets from Banco Popular, three sources familiar with the matter said. Santander, the euro zone's biggest bank by market value, launched the sale on June 30 and the tight deadline is a sign the lender wants to quickly draw a line under potential risks linked to the takeover of Banco Popular on June 7. It had initially set itself a 3 year deadline to sell all of Popular (NasdaqGS: BPOP - news) 's bad property assets, one of the factors that brought down the 90-year-old lender.
Banco Popular's investors are pressing ahead with plans for legal action over the collapse of the Spanish bank despite a ?1bn compensation scheme launched last week by rival Santander, which acquired the ...
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