TSB was put up for sale by its Spanish owner Sabadell – which bought TSB in 2015 for £1.7billion – as it battles to fend off a hostile takeover approach by another Spanish bank, BBVA. The deal would ...
MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to Santander, which analysts see as a defensive move against BBVA's hostile takeover ...
Sabadell says will assess any potential binding offer Bank says any transaction would meet all legal obligations June 16 (Reuters) - Spain's Sabadell (SABE.MC), opens new tab on Monday said it had ...
MADRID/LONDON, July 3 (Reuters) - Santander's (SAN.MC), opens new tab plan to buy TSB for 2.65 billion pounds ($3.61 billion) and boost its position in the UK came together only a few weeks ago, after ...
Banco Sabadell SA has called two shareholders meetings as it seeks to approve an extraordinary dividend after agreeing to sell it’s UK unit — part of its broader attempt to block a takeover by larger ...
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times. Judged by the share prices, Banco de ...
Santander’s proposed acquisition of TSB would require customer accounts to be migrated from the in-house developed system of its current owner to that of its acquirer, just a few years after the dust ...