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Takeover

World news about “Takeover” published by euronews.

12/03 13:46 CET

Spain’s Banco Sabadell bids for Britain’s TSB

Spain’s Banco Sabadell bids for Britain’s TSB

British challenger bank TSB has received a takeover approach from Spain's Banco Sabadell. The offer from Spain's fifth biggest bank values the firm at around 2.5 million euros. Shares in TSB rose sharply, and were up 26 percent at 333.255 pence at 1040GMT. Sabadell has made a…