Banco Sabadell shareholders approved the sale of its UK subsidiary TSB to Banco Santander for at least £2.65 billion, a significant gain from its 2015 acquisition price of £1.7 billion. This decision comes amid a hostile takeover bid by BBVA, prompting Sabadell to divest TSB to strengthen its position and generate liquidity for shareholders. The sale includes plans for a €2.5 billion extraordinary dividend in 2026, complicating BBVA's takeover attempt and sparking political controversy. Teljes cikk (Euronews.com)