EU Clears Santander's JV With Pemberton Asset Management

Dow Jones

Dec 05, 2024

By Edith Hancock

The European Commission approved Banco Santander's plans for a joint venture with London-headquartered Pemberton Asset Management Holdings.

The commission, which acts as the European Union's antitrust watchdog, approved on Thursday the venture without conditions.

Under the terms of the agreement, the Spanish bank and the asset manager will have joint control of a newly created venture called Emerald TradeCo UK Limited.

The companies notified the commission of their plan to set up a joint venture last November, aimed at providing large and mid-sized corporates with supply-chain solutions.

Write to Edith Hancock at edith.hancock@wsj.com

(END) Dow Jones Newswires

December 05, 2024 07:19 ET (12:19 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2489145882"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2489145882\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2489145882?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-05 20:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2489145882","market":"hk","top_or_hot":-1,"title":"EU Clears Santander's JV With Pemberton Asset Management","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Edith Hancock \n</p>\n<pre>\n \n</pre>\n<p>\n  The European Commission approved Banco Santander's plans for a joint venture with London-headquartered Pemberton Asset Management Holdings. \n</p>\n<p>\n  The commission, which acts as the European Union's antitrust watchdog, approved on Thursday the venture without conditions. \n</p>\n<p>\n  Under the terms of the agreement, the Spanish bank and the asset manager will have joint control of a newly created venture called Emerald TradeCo UK Limited. \n</p>\n<p>\n  The companies notified the commission of their plan to set up a joint venture last November, aimed at providing large and mid-sized corporates with supply-chain solutions. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Edith Hancock at edith.hancock@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 05, 2024 07:19 ET (12:19 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU Clears Santander's JV With Pemberton Asset Management</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU Clears Santander's JV With Pemberton Asset Management\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-05 20:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Edith Hancock \n</p>\n<pre>\n \n</pre>\n<p>\n  The European Commission approved Banco Santander's plans for a joint venture with London-headquartered Pemberton Asset Management Holdings. \n</p>\n<p>\n  The commission, which acts as the European Union's antitrust watchdog, approved on Thursday the venture without conditions. \n</p>\n<p>\n  Under the terms of the agreement, the Spanish bank and the asset manager will have joint control of a newly created venture called Emerald TradeCo UK Limited. \n</p>\n<p>\n  The companies notified the commission of their plan to set up a joint venture last November, aimed at providing large and mid-sized corporates with supply-chain solutions. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Edith Hancock at edith.hancock@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 05, 2024 07:19 ET (12:19 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4156","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2489145882","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489145882","pubTimestamp":1733401140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The European Commission approved Banco Santander's plans for a joint venture with London-headquartered Pemberton Asset Management Holdings.The commission, which acts as the European Union's antitrust watchdog, approved on Thursday the venture without conditions.Under the terms of the agreement, the Spanish bank and the asset manager will have joint control of a newly created venture called Emerald TradeCo UK Limited.The companies notified the commission of their plan to set up a joint venture last November, aimed at providing large and mid-sized corporates with supply-chain solutions.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4156":"煤与消费用燃料","SAN":"桑坦德银行","BK4521":"英国银行股","BK4207":"综合性银行"},"translate_title":"欧盟批准桑坦德银行与彭伯顿资产管理公司的合资企业","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAN":0.9},"content_text":"By Edith Hancock \n\n\n \n\n\n  The European Commission approved Banco Santander's plans for a joint venture with London-headquartered Pemberton Asset Management Holdings. \n\n\n  The commission, which acts as the European Union's antitrust watchdog, approved on Thursday the venture without conditions. \n\n\n  Under the terms of the agreement, the Spanish bank and the asset manager will have joint control of a newly created venture called Emerald TradeCo UK Limited. \n\n\n  The companies notified the commission of their plan to set up a joint venture last November, aimed at providing large and mid-sized corporates with supply-chain solutions. \n\n\n \n\n\n  Write to Edith Hancock at edith.hancock@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 05, 2024 07:19 ET (12:19 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}