|Bid||249.45 x 0|
|Ask||249.70 x 0|
|Day's range||239.50 - 252.15|
|52-week range||132.06 - 321.52|
|Beta (5Y monthly)||1.76|
|PE ratio (TTM)||5.19|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||01 May 2020|
|1y target est||3.96|
Banco Santander (SAN) is acquiring the technology assets from Wirecard as part of its plans to accelerate growth in Europe and enhance its merchant payment platform.
Wirecard's <WDIG.DE> insolvency administrator Michael Jaffe on Monday said the payment system provider's technology platform had been sold to Spain's Banco Santander <SAN.MC>. "Banco Santander will acquire the technology platform of the payment service provider in Europe as well as all highly specialized technological assets," Jaffe said in a statement. In a separate statement, Banco Santander said it had agreed to acquire several highly specialised technological assets from the merchant payments business of Wirecard in Europe, to accelerate its growth plans in Europe.
Monzo, which is racing to become self-funding amid mounting losses, gained the most number of customers via current account switches than any other bank in the UK in 2020.