Santander to Acquire TSB for £2.65 Billion in UK Banking Shakeup
Deal expands Spanish lender’s UK footprint.
Spain’s Santander has agreed to buy UK high street lender TSB from Sabadell for £2.65 billion, marking a significant consolidation in Britain’s retail banking sector.
The acquisition is expected to strengthen Santander’s presence on the UK high street while reshaping the competitive landscape for personal banking services.
The acquisition is expected to strengthen Santander’s presence on the UK high street while reshaping the competitive landscape for personal banking services.
