Santander Bank Polska stock: Union seeks job guarantees in tender offer

Former name: Santander Bank Polska S.A.
ISIN: PLBZ00000044
Lang &amp; Schwarz quote: 180.95 euros at 12:07 CET on November 14, 2026
Tender offer: 52,113,041 shares at PLN 713.60 each
Subscription period: November 3 to December 2, 2026

Published on 11/14/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Santander Bank Polska stock is tied to a tender offer as Solidarity seeks job guarantees. The bid covers about 51 percent of the lender.

Tender offer raises labor questions

Solidarity is seeking employment and operational commitments from Erste Group in connection with the tender offer.
The offer covers 52,113,041 shares at PLN 713.60 each, with subscriptions running until December 2, 2026.

Santander Bank Polska, PLBZ00000044, Illustration mit AI erstellt.

Labor concerns moved into focus around Santander Bank Polska on Friday, November 13, after the Solidarity trade union at the lender called for public commitments linked to Erste Group's tender offer. The Polish Press Agency reported that the union wants assurances on employment stability and the continuation of the bank's operations in Poland.

The lender now operates as Erste Bank Polska S.A., formerly Santander Bank Polska S.A., according to its investor-relations page. Solidarity is seeking a pledge against group layoffs for at least three years, alongside a gradual adoption of Erste Group standards for working conditions, pay, benefits and professional development.

Offer terms set the next deadline

The tender offer covers 52,113,041 shares at PLN 713.60 per share. The shares represent about 51 percent of the bank's share capital and voting rights. The subscription period runs from November 3 through December 2, 2026, giving investors and employees a defined timetable for the ownership transition.

The stock traded at 180.95 euros on Lang & Schwarz at 12:07 CET on Saturday, November 14, 2026. The quote provides a current trading reference, while the tender terms and labor demands remain the main company-specific issues for the coming weeks.