Virgin Money Uk Share News (VMUK)

CORRECT: Watchdog launches inquiry into Nationwide buy of Virgin Money

(Clarifying the acquisition is in cash.)

UK watchdog launches inquiry into Nationwide-Virgin Money merger

(Alliance News) - The Competition & Markets Authority on Friday said it had opened an inquiry into Nationwide Building Society's acquisition of Virgin Money UK PLC, on the grounds that the move could hurt banking competition in the UK.

UK competition watchdog probes Nationwide-Virgin Money deal

May 31 (Reuters) - Britain's competition regulator said on Friday it had started a probe into Nationwide Building Society's proposed 2.9 billion pound ($3.7 billion) all-cash deal to buy Virgin Money UK.

LONDON BRIEFING: FTSE 100 called up; UK house prices show resilience

(Alliance News) - The FTSE 100 in London is called to open higher on Friday, as investors shake off US inflation nerves.

TOP NEWS: Coventry Building Society buys Co-Op Bank for GBP780 million

(Alliance News) - Coventry Building Society on Friday said it has agreed to buy Co-operative Bank Holdings PLC for GBP780 million in cash, in the latest shift in the UK's banking landscape.

Coventry Building Society to buy Co-op Bank for $990 mln

LONDON, May 24 (Reuters) - Britain's Coventry Building Society will buy Co-operative Bank for 780 million pounds ($989.9 million) in cash, the two companies said in a joint statement on Friday.

Nationwide annual profit falls ahead of takeover of Virgin Money UK

(Alliance News) - Nationwide Building Society on Thursday reported lower earnings over the past year but said it handed out a record amount of cash to its members.

Britain's Nationwide eyes near $2 billion gain on Virgin Money deal

LONDON, May 23 (Reuters) - Nationwide Building Society said it could realise as much as a 1.5 billion pound ($1.91 billion) gain on its acquisition of rival Virgin Money, announced earlier this year and expected to close in the fourth quarter.

LONDON BROKER RATINGS: UBS lifts Schroders; Barclays likes Wise

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

Virgin Money says trading in line as prepares for Nationwide takeover

(Alliance News) - Virgin Money UK PLC on Tuesday said it has delivered continued business momentum with trading in the first half broadly as anticipated.

Virgin Money reports trading remains in line amid Nationwide takeover

(Alliance News) - Virgin Money UK PLC on Monday said trading in the second quarter of 2024 to date has remained broadly in line with expectations.

Coventry Building Society bids $971 mln for Co-op Bank in latest UK tie-up

Coventry Building Society offers 780 mln stg in cash

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Petition for Nationwide members to vote on Virgin deal gathers pace

(Alliance News) - Nearly 1,000 people have signed a petition calling for Nationwide Building Society to give its 16 million members a vote over its decision to buy rival lender Virgin Money UK PLC in a deal worth around GBP2.9 billion.

Sabadell feels no pressure from British M&A activity to sell TSB

ALICANTE, Spain, April 9 (Reuters) - Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief executive Cesar Gonzalez Bueno said on Tuesday, despite recent UK sector consolidation.