Santander rejected £11B bid for U.K. retail bank from NatWest, focusing on expansion in Americas

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