NARS.L Share News (NARS)

Sunday newspaper round-up: Nationwide, Direct Line, Rolls-Royce

(Sharecast News) - Nationwide's bid to create the UK's second-largest savings and loans group by taking over Virgin Money may be derailed if its members get a say on whether the deal goes through or not. It would take just 500 Nationwide members depositing £50 each one to convene a special meeting and ask for a vote on the deal. Furthermore, preparations for a vote would keep Nationwide from meeting the 4 April deadline for making a binding offer under Takeover Panel rules. However, the society says that its existing legal advice is that no vote is required. - Financial Mail on Sunday

Nationwide interim profit surges on record mortgage lending

(ShareCast News) - Nationwide, Britain's second biggest lender, said its interim profit grew sharply on the back of record mortgage lending. In the six months to 30 September, the London-listed company said its underlying profit surged 27% year-on-year to £801m, while gross mortgage lending rose 14%

CORRECT: Nationwide Accident Acquires Just Car Clinics For GBP13.8 Million

Nationwide Accident Acquires Just Car Clinics For GBP13.8 Million

London close: Stocks come off intraday highs as US data disappoints

UK stocks trimmed earlier gains by the close after a weak start on Wall Street, but still managed to finish in the green as markets bounced slightly following a sell-off the previous session. London's FTSE 100 finished the session up 36.46 points, or 0.54%, at 6,809.50. The index had dropped 1.7% to

MARKET COMMENT: FTSE 100 Ends Up After Strong Manufacturing Data

London midday: Banks lift Footsie 1% as stocks rebound

UK stocks jumped nearly 1% on Wednesday morning, partly reversing steep losses experienced the previous session, as stimulus hopes in China and an improvement in global manufacturing repaired sentiment. London's FTSE 100 was up 0.98% at 6,839.14 by midday, after dropping 1.7% to 6,773.04 on Tuesday,

LONDON MIDDAY BRIEFING: Standard Chartered Shakeup Continues

UPDATE: Carlyle Group To Buy Nationwide Accident For GBP43.2 Million

London open: Equities rebound as Chinese stimulus hopes rise

UK stocks bounced off a two-and-a-half-week low on Wednesday morning as market sentiment recovered after a sharp sell-off. London's FTSE 100 was up 0.41% at 6,800.98 early on, after dropping 1.7% to 6,773.04 on Tuesday, its lowest close since 13 March. The rising possibility of state boost to the r

NARS agrees 100p takeover by Carlyle

Directors of AIM-listed Nationwide Accident Repair Services (NARS) have accepted a £43.2m cash takeover offer from private equity colossus Carlyle, less than a month after major shareholder Quindell sold its stake at a lower price. Carlyle has offered 100p per share, 13% higher than the share's clos

LONDON MORNING BRIEFING: M&A In Focus In Mid-Cap Sector

Carlyle To Acquire Nationwide Accident Repair For GBP43.2 Million

2nd UPDATE: Quindell Appoints Two To Board, Says Trading "Robust"