Banco Santander Brasil
From Taighde
Banco Santander Brasil SA is a unit of Santander, a Spanish bank. The unit hold assets in Brazil.
Qatar Holdings, a unit of the Qatar Investment Authority, purchased $2.7 billion worth of bonds from the unit. Once the bonds convert, the stake will represent 5%. The exchange price is $14.22 per share and the bonds will pay 6.75% interest.
Aabar Investments purchased $328 million worth of depositary shares in 2009. Aabar sold the stake in November 2010. Aabar made a profit of $25 million.[1]
