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Santander, TSB

Santander doubles down on UK presence amid Spain's banking M&A turmoil

Santander is bolstering its British foothold with the proposed acquisition of TSB, despite the recent underperformance of its own U.K. branch.

Reuters on MSN · 2d

Santander bolsters presence in UK with acquisition of TSB for $3.64 billion

Spain's Santander on Tuesday said it had reached an agreement to acquire smaller rival Sabadell's British unit TSB for initially 2.65 billion pounds ($3.64 billion) in an all-cash deal, subject to approval by Sabadell shareholders.

GlobalData on MSN · 2d

Santander agrees to acquire TSB from Sabadell

Banco Santander has reached an agreement to acquire TSB Banking Group from Sabadell in an all-cash deal valued at up to £2.9bn. The deal values TSB at five times its expected 2026 net income. However,

The Local3d

Today in Spain: A roundup of the latest news on Wednesday

Toddler dies after being left in car during heatwave, wildfires in Catalonia kill two people, more chaos for train passengers ...

NBC Chicago3d

Santander doubles down on UK presence amid Spain's banking M&A turmoil - NBC Chicago

In one move, Santander has silenced months of speculation over it's allegiance to the British high street – and complicated a year-long consolidation saga in Spain's banking sector. Stream NBC 5 ...

NBC Connecticut3d

Santander doubles down on UK presence amid Spain's banking M&A turmoil - NBC Connecticut

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