El Corte Inglés sells stake in finance arm to Santander

Date : 08 October 2013
El Corte Inglés has reportedly sold a 51% stake in its finance arm, Financiera El Corte Inglés, to Santander for a price that values the whole operation at €415 million. Financiera El Corte Inglés: Spain's largest retailer credit card business The sale of the stake, which will happen in two…
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