Abu Dhabi Buys Santander Brazil Block

Abu Dhabi Buys Santander Brazil Block

Equity

Abu Dhabi’s Aabar Investments has bought approximately $328m in ADRs issued by Banco Santander Brazil, following the latter’s poorly performing jumbo IPO. "We are delighted to have had the opportunity to invest in such a strong and successful entity,” says Aabar chairman Khadem Al Qubaisi. “We hope to continue to strengthen and develop the existing relationship we have with Banco Santander and look forward to working with them in the future,’’ he adds. Aabar is an investment company headquartere

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