Santander is set to buy out minority investors in its Banco Espanol de Credito with an offer of 263 million euros. <br /><br />Spain's biggest lender will also close 700 branches in the country to cut costs. Santander which already owns almost 90 percent of Banesto will offer investors the equivalent of almost 4 euros a share.<br /><br />...<br />http://www.euronews.net/
