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Sabadell sees acceptance for TSB offer of over 71%

Mon 11th May 2015
Sabadell sees acceptance for TSB offer of over 71%

Spain's Banco Sabadell Says it has received around 71.23% acceptance for its bid for TSB offer as of May 8 .

Europe's largest Bank has reported how the acceptance level, plus the around 10% of TSB Sabadell acquired March 24, means it now holds 81.23%, over the 75% needed to finalise the full takeover.

Recommended Reading :

* Spain's Sabadell eyes more UK deals after TSB takeover

* TSB accepts Spain's Sabadell takeover

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