The First of Expansion on Santander, Meta, housing, Tesla, Puma, TikTok and the Pope
Santander injects €4.4 billion into its private equity unit. The bank accelerates its bet on private markets and has committed around 44% of its total assets to alternatives, where it manages €10 billion.
Santander is investing 4.4 billion euros in its private equity unit. The bank has committed around 44% of its total assets to alternative investments, managing 10 billion euros. Meta has received a historic fine in the United States, and the company has released its latest results. The deadline for those affected by a law on nationality to submit claims against the suspension of their voting rights expires today, as ruled by the Tribunal Supremo. Axel Springer is reportedly interested in buying TikTok's European business.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
