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KM Financial Solutions | Sold for a euro, Spain’s Popular could have been worth a billion: Deloitte
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Sold for a euro, Spain’s Popular could have been worth a billion: Deloitte

01 Feb Sold for a euro, Spain’s Popular could have been worth a billion: Deloitte

Posted at 11:49h in News by
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FRANKFURT, Feb 2 (Reuters) – Spain’s Banco Popular could
have been worth more than a billion euros when it was sold to
larger rival Santander for just one euro in June, the
independent valuation used by authorities to inform the sale
showed on Friday.

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