UK bank TSB could be sold off by Spanish owner Sabadell
by Julia Kollewe from World news | The Guardian on (#6Y1FD)
Owner says it has received expressions of interest as it battles 9.4bn hostile approach from local rival BBVA
The Spanish bank Sabadell has said it has received interest from prospective buyers of its UK division TSB, and said it would assess any firm offers it may receive.
Sabadell wants to sell TSB as it battles to fend off an 11bn (9.4bn) hostile approach from its Spanish rival BBVA.
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