Santander among bidders for Sabadell's British unit - report

1 week ago 1
TSB Bank Branch Exterior with Clear Blue Signage

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Banco Santander (NYSE:SAN) submitted a binding offer for Spanish lender Banco de Sabadell's (OTCPK:BNDSF) (OTCPK:BNDSY) British unit TSB, according to a media report on Monday.

The offer would value the business at more than £2.3B (US$3.15B), said one of two people familiar with

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