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Banamex
23
Apr

Santander Prepares Record Mexico IPO-WSJ

April 23, 2012
Banco Santander (SAN.MC) is in the process of monetizing some of their international assets to meet Basel III requirements, which seems to include looking at an IPO of their Mexican operations.  It will be interesting to see how much they sell, and at what multiple to earnings and book value the stock will be valued...
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    7242 East Cortez Rd
    Scottsdale, AZ 85260
    Phone: 805-886-8140
    Fax : 949-335-9784

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