Announced
Completed
TSB BANKING GROUP PLC / BANCO DE SABADELL SA / LLOYDS BANKING GROUP PLC / Public / Disposal / £1700m
Synopsis
Banco de Sabadell SA Spanish financial services group providing universal banking services, including commercial, corporate, investment banking and insurance acquired TSB Banking Group plc UK provider of retail banking services from Lloyds Banking Group plc a UK holding company for retail banking group.The offer price is Stg3.4 per share valuing the company at Stg1.7bn ($2.56bn).
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