Santander Wins European Union Approval to Buy RBS Bank Branches
By Aoife White -
2011-11-30T08:20:00Z
Banco Santander SA (SAN) won European Union approval to buy U.K. bank branches from Royal Bank of Scotland Group Plc (RBS), Britain’s biggest government-owned bank.
The deal won’t harm competition, the European Commission said today in an e-mailed statement.
To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net.
To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.
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