EU ruling on Santander&#39;s Abbey bid due next week
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The European Commission first expects to make a decision next week on competition issues raised by the bid from Spain&#39;s Santander Central Hispano for Abbey National, a spokeswoman says.
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A European Union court is set to rule  this week on a $120 billion deal MCI-WorldCom made during the  height of the go-go years that still resonates today.
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UROPEAN Union Competition Commissioner Mario Monti has signalled that Brussels is ready to give the green light to Santander&#39;s Â£8.
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The European Commission is taking all the time it needs to rule on Banco Santander Central Hispano's bid for Abbey National, competition spokeswoman Amelia Torres said.
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Shareholders in Abbey National PLC voted overwhelmingly Thursday to approve the bank&#39;s acquisition by Santander Central Hispano of Spain.
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Shareholders in Spain's Banco Santander Central Hispano approve the takeover of UK bank Abbey.
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Santander Central Hispano's Â£8.6bn bid for UK lender Abbey will help create a single regional financial market, the European Union's Mario Monti says.
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Santander Central Hispano has said it aims to complete its takeover of High Street bank Abbey one month sooner than originally planned.
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LONDON  - Shares in Abbey National PLC, Britain's sixth-biggest bank and second-biggest mortgage lender, traded for the last time Friday ahead of the completion of its &#36;15.6 billion US acquisition by Santander Central Hispano SA, Spain's biggest bank.
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LONDON (Dow Jones)--Banco Santander Central Hispano SA (STD), the Spanish bank planning to buy UK lender Abbey National PLC (ANBA), Monday attacked its potential domestic
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British bank HBOS announced it would file a complaint to the European Commission regarding Santander Central Hispano&#39;s (SCH) multi-billion-pound bid for Abbey National due to competition issues.
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LONDON (CBS.MW) -- Banks were one of the better performing sectors on the Continent Wednesday as Spain&#39;s Banco Santander increasingly looked like it will be successful in taking over Britain&#39;s Abbey National.
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Spain&#39;s Santander Central Hispano has unwound almost half its 5.5 percent stake in Royal Bank of Scotland as it seeks regulatory approval for its bid for Abbey National.
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Santander Central Hispano's Â£8.6bn ($15.3bn) bid for UK lender Abbey will help create a single regional financial market, the European Union's Mario Monti says.
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THE Halifax Bank of Scotland group, HBOS, has known since May that Spain&#39;s Banco Santander Central Hispano wished to buy Abbey National.
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HBOS is considering whether to trump Spanish bank Santander's bid for Abbey, according to newspaper reports.
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The European Commission is taking all the time it needs to rule on Banco Santander Central Hispano&#39;s bid for Abbey National, competition spokeswoman Amelia Torres said Monday.