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.

Banking giant Santander has agreed to buy TSB in a deal worth up to £2.9billion. If approved the deal would see Britain's second largest bank created.

Santander has agreed to buy banking rival TSB for £2.65billion - but what does this mean for customers? The deal was announced yesterday and sparks fears that TSB branches could disappear from ...

Spain's Santander has reached an agreement to acquire smaller rival Sabadell's UK unit TSB for initially £2.65 billion in an all-cash deal, subject to approval by Sabadell shareholders.

Santander is set to buy rival TSB for £2.65 billion. What does it mean for customers, and could we see the TSB brand disappear from the high street?

(RTTNews) - Santander has reached an agreement to acquire 100% of TSB Banking Group plc from Banco de Sabadell, S.A. or Sabadell, with a valuation of 2.65 billion pounds. TSB is a UK retail bank ...

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

Santander has reached an agreemenet to acquire UK lender TSB from Banco Sabadell for £2.65 billion in an all-cash transaction. 0 12 hours Be the first to comment Editorial ...

The familiar TSB brand could disappear from UK high streets following a £2.65 billion agreement for rival Santander to acquire the lender, a move that has sparked concerns over potential branch ...