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Banco Santander (Brasil) S.A. (SANB11.SA)

São Paulo - São Paulo Delayed Price. Currency in BRL
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33.02+0.30 (+0.92%)
At close: 05:07PM BRT
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  • Reuters

    Santander may take Brazilian payments firm Getnet private

    Spain's Banco Santander SA may take Brazilian payments company Getnet private seven months after the subsidiary made its trading debut on the Sao Paulo stock exchange, a securities filing showed late on Thursday. Getnet, a direct subsidiary of Santander's PagoNxt Merchant Solutions, said its controlling shareholder intends to purchase all of the outstanding shares in the company and take it private. The move would apply to shares and units listed in Brazil and to American Depositary Shares (ADSs) traded on the Nasdaq, Getnet said, without specifying the reasons for it.

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