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Santander's Botin says lender won't take part in traditional banking consolidation

MADRID, Nov 17 (Reuters) - Spain’s Santander is not planning to participate in a traditional banking consolidation and would “much more likely” continue buying technological and online banking platforms, Chairman Ana Botin said on Tuesday.

Her comments came a day after BBVA and Sabadell announced they were in merger talks to create the second-biggest domestic lender by assets.

Reporting by Jesús Aguado and Emma Pinedo; editing by Andrei Khalip

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