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Atom banks on Citi as Spanish takeover looms

By Mark Kleinman, City editor
One of Britain's leading digital-only lenders is drafting in heavyweight advisers to steer it through a crucial period that could lead to its takeover by one of Spain's biggest banks.
Sky News has learnt that Atom Bank is in talks to appoint Citi to advise its board on options for the business.
The appointment, which is expected to be confirmed shortly, comes nearly a year after Atom Bank raised almost €150m from investors led by BBVA, Spain's second-biggest lender.
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