Update 1: EU Clears Banco Santander Acquisition
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The European Union on Wednesday cleared Banco Santander Central Hispano SA&#39;s acquisition of British bank Abbey National PLC for about $14.
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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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Abbey National was last night poised to become part of Santander Central Hispano, Spain&#39;s largest bank, after HBOS dramatically dropped plans for a counterbid and the European Commission approved the deal.
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U.S. buyout firm Cerberus Capital Management  won approval from the European Commission on Tuesday to buy U.S. carmaker Chrysler from DaimlerChrysler .
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Euronext  and NYSE  won endorsement for their $14 billion merger from European regulators on Tuesday, removing a major hurdle for the first transatlantic stock exchange.
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BBVA bank, the second-biggest Spanish bank, said it has reached an agreement to buy Texas-based US bank Compass Bancshares for 9.6 billion US dollars (7.4 billion euros).
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The German savings bank federation DSGV on Friday bought the regional Landesbank Berlin (LBB) for 4.62 billion euros (6.1 billion dollars), ending years of uncertainty over its future.
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Shareholders of Spain's largest bank, Banco Santander Central (SCH), overwhelmingly approved the 8.5-billion-pound (12.3-billion-euro, 15.3-billion-dollar) takeover of British mortgage bank Abbey National.
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Shareholders of Spain's largest bank, Banco Santander Central, approved the 8.5-billion-pound (12.3-billion-euro, 15.3-billion-dollar) takeover of British mortgage bank Abbey National.
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LONDON, August 24 (New Ratings) - The Spanish banking giant, Banco Santander Central Hispano (BSD2.FSE), has expressed its commitment to its Â£8.
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Santander, Spain - Shareholders of Spain&#39;s largest bank, Banco Santander Central, on Thursday approved the Â£8,5-billion takeover of British mortgage bank Abbey National.
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Shareholders of Banco Santander Central (SCH) overwhelmingly approved the 8.5-billion-pound (12.3-billion-euro, 15.3-billion-dollar) takeover of British mortgage bank Abbey National.
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Shareholders in Abbey National PLC voted overwhelmingly Thursday to approve the bank's nearly &#36;15 billion acquisition by Santander Central Hispano of Spain.
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The European commission yesterday approved Oracle Corp&#39;s proposed $7.7bn hostile takeover of rival software company PeopleSoft, clearing the last competition hurdle to the deal.
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Spain's biggest bank Banco Santander Central Hispano (SCH) said it was finalising its acquisition of Britain's Abbey National to create the world's tenth-largest bank.
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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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European Union regulators Thursday approved the takeover of Greek consumer electronics retailer Kotsovolos by the British chain Dixons PLC.