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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 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?
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.
(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 ...
Santander is buying rival bank TSB - and our map reveals the two-bank towns which could now be most at risk of branch closures. Analysis of company data shows that there are at least 70 towns and ...
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 ...
Santander boss Ana Botin wins race for £2.9bn TSB as deal sparks job cuts fears The tweaks that could boost your wealth by a staggering £86,000... and it all starts by taking this easy quiz DIY ...
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