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Santander turns down NatWest’s offer for UK retail banking arm

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Summary
Nutrition label

77% Informative

Banco Santander has reportedly turned down a bid from NatWest for its UK retail banking operations.

The offer made by NatWest was reported to be above 10bn ($ 13.2bn ) but below 12bn ($ 15.9bn ) Santander 's UK subsidiary, which encompasses both retail and commercial banking, reported total equity of 10.4bn at the end of the previous year .

VR Score

71

Informative language

66

Neutral language

71

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links