Santander U.K. Hit by Carillion Liquidation -Expansion

FeaturesDow Jones Newswires

Carillion's liquidation will hit Spain's Banco Santander as its U.K. branch is one of the company's principal creditors, Spanish business daily Expansion reports, citing unnamed sources in the sector.

--The crisis at Carillion will impact Santander U.K.'s 2017 results, Expansion says, citing unnamed sources close to the bank.

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--Santander's total exposure to Carillion could be between 50 million and 100 million pounds, according to the newspaper.

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(END) Dow Jones Newswires

January 15, 2018 05:08 ET (10:08 GMT)

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