Santander Sells Loan Recovery Unit to Lindorff, Expansion Says

Banco Santander SA (SAN) completed the sale of its loan recovery unit to Lindorff AS, Expansion said, citing David Perez, head of the Norwegian company’s Spanish unit.

The price of the deal wasn’t disclosed, the newspaper said.

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To contact the reporters on this story: Esteban Duarte in Madrid at

To contact the editor responsible for this story: Emma Ross-Thomas at

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