EDS, A.T. Kearney, Banco Santander to form b-to-b procurement consultancy

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Plano, Texas--Electronic Data Systems Corp., A.T. Kearney, and Banco Santander Central Hispano SA will start a b-to-b Net procurement consulting company. The as-yet-unnamed company will begin consulting in Spain, Portugal and Latin America, and plans to do an initial public offering. Madrid-based Banco Santander is Spain's largest bank and a big player in the U.S. institutional equity business. A.T. Kearney, Chicago, is a unit of Electronic Data Systems.
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