Erste Group seeks 75 percent stake in Santander Bank Polska stock

Published on 10/12/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Erste Group seeks up to 75 percent of the bank at PLN 713 per share. Santander Bank Polska stock costs EUR 180.85 on October 12, 2026.

Key points in brief

Erste Group plans to raise its stake in Santander Bank Polska to as much as 75 percent.
The indicative offer price is PLN 713 per share, subject to regulatory and free-float conditions.
Santander Bank Polska stock was trading at EUR 180.85 at Lang & Schwarz on October 12, 2026.
The offer is planned for November 2026, with settlement anticipated in December 2026.

Santander Bank Polska, PLBZ00000044, Illustration mit AI erstellt.

Santander Bank Polska (PLBZ00000044) was trading at EUR 180.85 at Lang & Schwarz on October 12, 2026 at 10:40 a.m. CEST, as Erste Group pursued a plan to lift its ownership to as much as 75 percent at an indicative PLN 713 per share. According to TradingView on September 25, 2026, Erste Group intended to increase its existing 49 percent holding by up to 26 percent.

Three ownership milestones

On January 9, 2026, Erste Group completed the acquisition of a 49 percent controlling stake in the bank, according to the same disclosure published by TradingView.

On September 25, 2026, Erste Group announced the voluntary offer at PLN 713 per share, targeting ownership above 50 percent but no higher than 75 percent. On October 12, 2026, the Lang & Schwarz quote stood at EUR 180.85 in trading, giving the market a fresh price reference for the renamed bank.

What does the offer mean for ownership?

The structure places three conditions at the center of the transaction. Erste Group must reach at least 50 percent ownership, keep at least 25 percent of shares in free float and obtain approval from the Polish Financial Supervision Authority before crossing the 50 percent voting threshold, Parkiet reported on October 12, 2026.

The free-float condition is a material counter-factor. If shareholders representing more than 26 percent of the bank tender their shares, Erste Group may abandon the purchase and remain at 49 percent, according to TradingView.

November and December milestones

Erste Group expects to launch the offer at the start of November 2026, with a 30-day subscription period. Completion and settlement are anticipated in December 2026, subject to the stated conditions and regulatory approval.

The stock was trading at EUR 180.85 at Lang & Schwarz on October 12, 2026 at 10:40 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Santander Bank Polska stock.