Santander Strikes £2.65 Billion TSB Deal to Create UK Banking Giant; AstraZeneca Eyes US Listing
In a significant consolidation within the UK financial sector, Spanish banking group Santander has reached a definitive agreement to acquire TSB Banking Group from its current parent, Banco de Sabadell. The all-cash transaction, valued at £2.65 billion, is poised to reshape the British banking landscape, creating a new entity that would rank as the third-largest…