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Spain's Santander bank buys failing local rival for 1 euro

June 07, 2017

MADRID (AP) -- Spain's Banco Santander is paying the symbolic sum of 1 euro to take over local rival Banco Popular, a long-troubled lender whose shares lost more than half of their value over the past week....

Source URL: http://hosted.ap.org/dynamic/stories/E/EU_SPAIN_BANKS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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