Santander shares fall on proposed $12.2 billion Webster deal
Core Viewpoint - Santander's shares experienced a decline of up to 5% following the announcement of its $12.2 billion acquisition of Webster Financial, with analysts highlighting short-term execution risks [1] Group 1: Acquisition Details - Santander proposed an acquisition of Webster Financial valued at $12.2 billion [1] Group 2: Market Reaction - The announcement led to a drop in Santander's shares by as much as 5% [1] Group 3: Analyst Concerns - Analysts flagged potential short-term execution risks associated with the acquisition [1]