Mergers & Acquisitions Mergers & Acquisitions

Nationwide’s buyout of Virgin Money UK gets green light after UK merger probe

By Jon Menon
  • 19 Jul 2024 09:12
  • 19 Jul 2024 09:12
Nationwide Building Society’s planned acquisition of smaller financial services company Virgin Money UK has been approved by the UK antitrust regulator following an initial probe.
The Competition and Markets Authority started a formal initial review of the 2.9 billion-pound ($3.8 billion) acquisition in May. The deal consolidates Nationwide’s market position as

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