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NatWest bids for Santander UK at £11 billion

PUBLIC · NWGMay 10, 2025

Acquiring Company

NatWest Group

Acquired Company

Santander UK

United KingdomUnited KingdomFinancial ServicesFinanceFintechLendingBankingFinancial ServicesLending

Description

NatWest has attempted to acquire Santander UK's operations for approximately £11 billion, although the bid was rejected due to being considered too low. The takeover talks are no longer active, highlighting NatWest's ambitions for growth. Meanwhile, Santander UK has reaffirmed its commitment to the British market despite recent speculation.

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Company Information

Company

NatWest Group

Location

United Kingdom

About

NatWest Group is a banking group with a focus on wealth management. It includes high net-worth bank Coutts and has been involved in a de-banking crisis resulting in the resignation of two of its bosses.

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Frequently asked

Who acquired Santander UK?

Santander UK was acquired by NatWest Group, based in United Kingdom. The deal was reported on May 10, 2025. NatWest Group is a banking group with a focus on wealth management. It includes high net-worth bank Coutts and has been involved in a de-banking crisis resulting in the resignation of two of its bosses. NatWest Group is publicly traded (NWG) and operates in Financial Services.

When did NatWest Group acquire Santander UK?

NatWest Group's acquisition of Santander UK was reported on May 10, 2025. NatWest has attempted to acquire Santander UK's operations for approximately £11 billion, although the bid was rejected due to being considered too low. The takeover talks are no longer active, highlighting NatWest's ambitions for growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Santander UK do?

Welcome to Santander. We offer current accounts, savings, mortgages, loans, credit cards and much more. Here to help you prosper It is publicly traded (SNTUF), operating in Financial Services, and is based in United Kingdom.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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