Santander Says Abbey Bid Probe Wouldn&#39;t Deter Offer
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Santander Central Hispano SA, the biggest bank in Spain and Latin America, denied a press report that it may withdraw its 8.2 billion-pound ($14.
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LONDON HBOS said on Wednesday that it would not bid for Abbey National, clearing the way for Santander Central Hispano&#39;s Â£8.7 billion takeover of the No.
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EU COMPETITION commissioner Mario Monti has backed Banco Santander Centrale Hispanoâs Â£8.75 billion bid for Abbey National. Monti suggested support for a Spanish bid, saying: &quot;At first glance, it is a contribution
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Abbey National staff were today expected to discover how many jobs will go in the bankâs planned takeover by Spanish group Santander Central Hispano.
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LONDON (CBS.MW) -- UK bank Abbey National (UK:ANL) said uncertainty and distraction caused by its takeover process by Spanish bank Banco Santander (STD) affected its third quarter results, but a &quot;speedy conclusion to the transaction has avoided a marked
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Spain's Banco Santander Central Hispano has the backing of the Abbey National board to accelerate its 8.3 billion pound bid for the UK mortgage bank, the Financial Times says.
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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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Santander says it aims to complete its takeover of UK mortgage lender Abbey one month sooner than originally planned.
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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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HBOS, based in Edinburgh, said last month it was considering making an offer for Abbey after Santander, Spain s biggest lender, agreed to buy the London-based bank in Europe s biggest-ever cross- border bank ...
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STUNNED Abbey National staff will be told today that 4,500 jobs could be axed within three years if Spain - s Banco Santander emerges victorious from its bruising 8.2 billion bid battle for the UK mortgage ...
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Santander Central Hispano has won permission from the European Commission to press ahead with its agreed 8.7 billion pound takeover of Abbey National.
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No immediate counter offer is expected in the bidding battle for the London Stock Exchange. The pan-European stock exchange Euronext is, however, weighing up the prospects of such a move, according to sources close to it.
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Spain's largest bank, Santander Central Hispano, yesterday removed a major hurdle for Abbey National shareholders ahead of Thursday's shareholder vote on its proposed 8.9billion recommended takeover.
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Banco Santander will today tell Abbey National&#39;s union that about 2,500 jobs will go if the Spanish bank is successful in its takeover bid.
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LONDON/ZURICH  - Barclays  has not ruled out adding cash to the terms its ABN AMRO offer should it need to boost its bid to fight off a rival offer from a consortium of banks led by Royal Bank of Scotland, a source familiar with the matter said on Wednesday.
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The European Commission, executive arm of the European Union, on Wednesday cleared acquisition of Britain&#39;s sixth largest bank Abbey National by Spain&#39;s largest bank Banco Santander Central Hispano.