HBOS decides not to bid for Abbey
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UK bank HBOS says it will not be making an offer for Abbey, clearing the way for the bid from Spanish bank Santander Central Hispano.
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Halifax-to-Bank of Scotland group HBOS today said it had pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears
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European shares traded sideways on Wednesday but banks were a bright spot as Britain's HBOS rallied on relief it would not be wading into a bidding war for domestic peer Abbey.
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LONDON/NEW YORK  - British wireless telecommunications company Vodafone Group Plc  said on Monday it is not planning to bid for Verizon Communications Inc. , responding to a report it was considering a $160 billion offer.
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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) -- British bank HBOS (UK:HBOS) on Monday was added to Deutsche Bank&#39;s pan-European focus list. It was added &quot;ahead of potential bid for Abbey National (UK:ANL) on basis of very little downside
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Olivant Advisers dropped its bid for troubled British mortgage lender Northern Rock, saying its offer would not satisfy both the government and its own interests.
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HBOS said it had decided against bidding for the mortgage bank Abbey National, clearing the way for an agreed offer from Spain's Banco Santander Central Hispano (SCH).
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The board of HBOS is due to decide this week whether to bid against Spanish bank Santander for local rival Abbey National, newspapers say, but HBOS declined to comment.
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The London Stock Exchange has rejected a Â£1.35bn offer from German market Deutsche Boerse, but says fresh talks are possible.
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Cable firm NTL Inc  said on Wednesday it had no plans to make an offer for ITV Plc  after Britain's biggest commercial broadcaster rejected its 4.7 billion pound ($9.3 billion) bid proposal last month.
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LONDON - HBOS says it has decided against bidding for the British mortgage bank Abbey National, clearing the way for an agreed offer from Spain&#39;s Banco Santander Central Hispano (SCH).
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The London Stock Exchange (LSE) has rejected a proposed offer for the company from Deutsche Boerse valued at 530 pence per share in cash.
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Media tycoon Rupert Murdoch appears to say he is not interested in launching a rival takeover bid for Yahoo.
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BANKING giant HBOS yesterday said it had pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears the way for Spain&#39;s Santander
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HBOS has decided against bidding for Abbey National, dampening hopes of a challenge to Spanish bank Santander&#39;s agreed 8.8 billion pound takeover and hitting the target&#39;s shares.
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Cable firm NTL Inc  said on  Wednesday it had no plans to make an offer for ITV Plc   after Britain's biggest commercial broadcaster rejected its 4.7  billion pound ($9.3 billion) bid proposal last month.