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Market News Data

Finance

Santander dismissed NatWest offer for U.K. retail bank, FT reports

May 10, 2025 by Market News Data

From Yahoo Finance: 2025-05-10 11:00:00

Spanish lender Santander rejected an £11B bid for its U.K. retail bank from NatWest Group, deeming the offer too low. The bank raised EUR7B from selling its Polish stake as it shifts focus from Europe to the Americas. Santander aims for strategic growth in new markets.

Read more: Santander dismissed NatWest offer for U.K. retail bank, FT reports

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