NatWest bid for Santander UK; Santander rejected

birminghammail.co.uk

NatWest made an £11 billion takeover bid for Santander's UK retail bank, but the offer was rejected. This potential deal could have significantly impacted millions of customers. The Financial Times reported that Santander dismissed the offer and is not currently considering further discussions. Santander recently raised €7 billion by selling a stake in its Polish arm, potentially reducing the likelihood of a UK sale. Santander, with 14 million UK customers and 18,000 employees, has stated its commitment to the UK market. The news follows previous reports about Santander's future in the UK.


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