Santander shareholders approve Mexican delisting

Santander shareholders approve Mexican delisting

Equity Funds Mexico United States Capital Markets

Spanish bank Santander said Wednesday that shareholders approved delisting shares in its Mexican subsidiary from the BMV exchange in Mexico City and the New York Stock Exchange (NYSE), according to a securities filing. The Madrid-based lender said it is still seeking authorization to make a public offer to buy out minority shareholders in Mexico and the United States. Last month, the bank said it was preparing to make an offer to shareholders in Santander México to leave the BMV and the NYSE. Th

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