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Spain's BBVA said on Monday it would move ahead with its hostile takeover bid for Sabadell despite the government effectively ...
The potential sale of Sabadell's British unit TSB to Santander could further complicate BBVA's hostile takeover bid for the ...
After a decade marked by low returns and a catastrophic IT failure, the Spanish bank is selling TSB to Santander for 3 bln ...
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MoneyWeek on MSNWhat Santander’s takeover of TSB means for customersSantander is set to buy rival TSB for £2.65 billion. What does it mean for customers, and could we see the TSB brand ...
Santander has agreed to buy the British high street lender TSB for £2.65bn, in a move that underlines the Spanish bank’s ...
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Bloomberg on MSN9d
Santander Agrees to Buy Sabadell's UK Unit TSBBanco Santander SA agreed to buy Banco Sabadell SA's UK unit for £2.65 billion ($3.64 billion) in an all-cash transaction.
Billions of dollars were laundered after being misappropriated from 1MDB and used to fund luxury purchases for financier Jho Low and then-Malaysian prime minister Najib Razak. Infamously, some of the ...
The deal is a sign of the times, with UK banks consolidating to survive. Nationwide's acquisition of Virgin Money for £2.9bn set a precedent, and the sale of TSB could well accelerate further deals.
Sidley and A&O Shearman are jointly advising the buyer, Athora, a European savings and retirement services provider backed by ...
The TSB name could be about to disappear from the high street after it was announced the bank is being bought by rival ...
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