Santander says $12 billion U.S. bank deal will cost less than 7 times earnings. The market isn't buying it.

Group 1 - Santander shares experienced a decline on Wednesday due to the reaction of Spanish investors to the company's recent $12 billion acquisition [1]

Banco Santander-Santander says $12 billion U.S. bank deal will cost less than 7 times earnings. The market isn't buying it. - Reportify