Santander dismissed NatWest offer for U.K. retail bank, FT reports
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Earlier this year, Spanish lender Santander (SAN) spurned a bid worth roughly GBP 11B for its U.K. retail bank from NatWest Group (NWG), the Financial Times reports. Santander rejected the offer because it believed the price was too low, the report says, adding that the bank has since raised EUR7B from the sale of its Polish stake as it pivots from Europe to the Americas.
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