Spain's Sabadell buys stake in Colombian bank

jueves 1 de octubre de 2015 12:03 GYT
 

MADRID Oct 1 (Reuters) - Spain's Sabadell bank said on Thursday it had bought 4.99 percent of Colombian bank Banco GNB Sudameris for $50 million, the latest move of the acquisitive bank which recently branched out into Britain with the purchase of lender TSB.

The Catalonia-based bank said the two lenders had also agreed to look at joint investments and team up commercially. (Reporting By Sonya Dowsett; Editing by Sarah White)