Deal facts
- Buyer
- Santander UK plc
- Target
- TSB Banking Group plc
- Deal value
- GBP 2,863,000,000
- Announced
- 1 May 2026
- Status
- Completed
- Sector
- Financial Services
- Country
- United Kingdom
- Consideration
- cash
Sources
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Cash Acquisition of TSB Banking Group plc
Disclaimer* 1 May 2026 Announcement of Completion: Cash Acquisition of TSB Banking Group plc ("TSB") by Santander UK plc ("Santander UK") The boards of Santander UK and TSB are pleased to announce that Santander UK acquired the entire issued share capital of TSB on 30 April 2026, following satisfaction of the conditions to completion (the "Acquisition "). Approval of the Ac
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Buyer history
Santander UK plc
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