News Headline Summary

Spain's Santander (SAN SM) says share swap to be 0.663 for each Banesto share

- To shut down 700 Banesto bank branches.
- Banesto shareholders to get Santander shares at 24.9% premium.
- To close Banesto absorption by May 2013.

Analysis details (09:49)

- Co. share trading is currently suspended by the regulator

17 Dec 2012 - 09:40 - Equities - Source: Newswires

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