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Evening Standard
Evening Standard
Henry Saker-Clark

TSB brand could disappear from high streets in £2.65bn Santander takeover deal

Santander TSB United Kingdom Sabadell

The TSB brand could vanish from UK high streets after rival Santander agreed to buy the lender for £2.65 billion, amid fears the deal could lead to branch closures.

Sabadell, the Spanish owner of TSB, said last month it was considering a sale of the UK business amid efforts to stop itself being subject to a hostile takeover.

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