Santander to acquire UK-based TSB from Sabadell in £2.65B cash deal

6 days ago 3
Santander Bank

Orbon Alija/iStock Unreleased via Getty Images

Banco Santander (NYSE:SAN) on Tuesday announced an agreement to acquire 100% of the UK-based TSB Banking Group from Banco de Sabadell (OTCPK:BNDSF) (OTCPK:BNDSY) for an enterprise value of £2.65B in an all-cash transaction.

SAN shares were -0.42% to $8.27 in the

Recommended For You

More Trending News

Read Entire Article