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|Expert comment on Sabadell's £1.7bn takeover move for TSB|
|Thursday, 12 March 2015|
Assistant Professor of Finance, Dr Kebin Ma, of Warwick Business School, comments on Sabadell's £1.7bn takeover move for TSB.
He said: "This is an interesting deal and looks good for both parties. Banco Sabadell clearly faces the risk that the Spanish economy will remain sluggish for a prolonged period. The bank is not as diversified as Spanish rival Santander, and the acquisition of TSB should certainly help it achieve better diversification.
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