DLA Piper and Linklaters have lined up on Banco Santander’s €2.9bn (£2.4bn) acquisition of a majority stake in Bank Zachodni WBK (BZWBK) from Allied Irish Banks (AIB).

The acquisition sees DLA Piper advise Banco Santander as it acquires 70.36% of the Polish bank. The team includes City corporate partners Jon Hayes and Polly Owen, Warsaw corporate partner Patryk Laskorzynski and Madrid finance partner Javier Santos.