Radar > 232311

Banco Santander UK could bid for 300 Royal Bank of Scotland subsidiaries

Banco Santander UK podría pujar por 300 sucursales de Royal Bank of Scotland

Intel ID : 232311
Synopsis

UK-based Banco Santander UK, controlled by Spain-based Banco Santander (BME: SAN), could be interested in bidding for Williams & Glyn, a subsidiary of Royal Bank of Scotland (RBS), which holds 300 subsidiaries in the United Kingdom, as published by newspaper Expansión on 17 December 2015.

Banco Santander UK was interested in this acquisition in 2010, but finally it did not materialize, because the bank considered Royal Bank of Scotland (RBS) had not carried out the segregation process of 300 branches and assets. Currently, the segregation is complete.

Banco Sabadell (BME: SAB) could also be interested in this acquisition. (see related intel)
(content in spanish)

La empresa británica Banco Santander UK, controlada por la española Banco Santander (BME: SAN), podría estar interesada en pujar por Williams & Glyn, filial de Royal Bank of Scotland (RBS) que agrupa 300 sucursales de la compañía en Reino Unido, según ha señalado el diario Expansión el 17 de diciembre de 2015.

Banco Santander UK estuvo interesada en la adquisición en el año 2010, pero finalmente ésta no se llevó a cabo porque Banco Santander UK consideraba que Royal Bank of Scotland (RBS) no había avanzado en el proceso de segregación de las 300 oficinas y sus activos. En la actualidad la segregación es completa.

Banco Sabadell (BME: SAB) también podría estar interesada en la adquisición (ver Intel relacionado).

Bidder

Banco Santander UK
United Kingdom

Ultimate Owner (Buyer)

Target

United Kingdom

Seller


Intel ID 232311
Value ND
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Ultimate Owner (Buyer)

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.