(AFX UK Focus) 2010-03-10 17:49 UPDATE 1-Spain's Santander not interested in Garanti stake (Interactive Investor)

10 March 2010, 10:13 am

MADRID, March 10 (Reuters) - Spain's Santander is not interested in the sale of General Electric's stake in Garanti Bank, a spokesman said on Wednesday, ending speculation it may be planning a move into Turkey. The 20.85 percent stake, currently worth $3.7 billion, was offered to eight strategic buyers including Santander, a source familiar with the situation told Reuters earlier on Wednesday ...... Read More »

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