News

Spain's Sabadell has decided to sell its British unit TSB to Santander for 2.65 billion pounds ($3.64 billion), Spanish ...
By Amy-Jo Crowley and Andres Gonzalez LONDON/MADRID (Reuters) -Santander is among bidders that submitted a binding offer for ...
The Spanish government has mandated at least three-year wait period for BBVA and Sabadell as takeover condition.
Carlos Torres's BBVA has announced that it is pressing ahead, come hell or high water, with its hostile takeover bid for ...
Spain's BBVA will decide shortly whether to move ahead with its hostile bid for Sabadell after reassessing cost savings in ...
Banco Santander (SAN) submitted a binding offer for Spanish lender Banco de Sabadell's (BNDSF) (BNDSY) British unit TSB, ...
BBVA SA Chairman Carlos Torres said he wants more clarity regarding the process for a potential sale of Banco Sabadell SA’s ...
The valuation Sabadell anticipates for TSB has not been made public, but reports suggest a sale could generate £1.7-2bn.
Banco Sabadell, which is currently seeking to defend itself from being taken over by a major rival, said it will weigh up any potential offers for TSB.
NatWest Group Plc would be the best suitor for Banco Sabadell SA’s British unit TSB as it would increase its market share in mortgages, according to an RBC Capital Markets analyst.
Santander (BME:SAN) has submitted a binding offer for TSB, the British unit of Spanish lender Sabadell, according to a Reuters report on Monday, citing sources familiar with the talks.
In 2015, Sabadell bought TSB for 1.7 billion pounds ($2.3 billion). At the end of 2024, TSB had a total equity value of 2.12 billion pounds.