# Britain’s Co-op bank confirms TSB approach
Published: 2021-10-25
Category: Uncategorized
Category URL: https://tradingherald.com/category/uncategorized/
Meta Title: Co-operative Bank expresses interest in buying TSB from
Meta Description: Learn more about Co-operative Bank's potential acquisition of TSB from Spanish lender Banco de Sabadell. Stay informed with the latest news.
URL: https://tradingherald.com/britains-co-op-bank-confirms-tsb-approach/

LONDON (Reuters) – Britain’s Co-operative Bank confirmed on Monday that it expressed interest in potentially buying TSB from Spanish lender Banco de Sabadell.

The bank said that it sent a letter to Banco de Sabadell but that no discussions are currently taking place between the two banks.

Sabadell said on Saturday its board has rejected an offer from Co-operative Bank for its British subsidiary, after Sky News first reported about the approach.

(Reporting by Abhinav Ramnarayan; Editing by Rachel Armstrong)


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