Santander has agreed to buyrnAllied Irish Bank's 70% stake in Bank Zachodni - Poland's third-largest bank by value. The deal, worth $3.7bn, was priced at 227 zloty a share, 16% higher than Zachodni's share price of 195 zloty when the deal was announced.rnBank of Montreal (BMO) andrnRoyal Bank of Canada (RBC) are both seeking foreign assets. BMO is looking to grow its US branch network, while RBC is looking to expand in Europe and also within the wealth management arena. Bank of Nova Scotia, Canada's third largest bank, has purchased Dresdner Bank Brasil from Commerzbank.
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