Banco Santander Río withdraws IPO


Shutterstock photo

Banco Santander Río S.A., the largest private-sector bank in Argentina in terms of private-sector loans and deposits, withdrew its plans for an initial public offering on Friday. The bank, which had total income of over $1 billion in 2010, filed for a $100 million IPO in May 2011. Santander Investment, BofA Merrill Lynch and J.P. Morgan were set to be the joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , IPOs

More from Renaissance Capital


Renaissance Capital

Renaissance Capital

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by