HBOS fury as EU backs Santander&#39;s Abbey bid
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HBOS, THE Halifax and Bank of Scotland group that is considering whether to make a bid for Abbey National, yesterday reacted furiously to a statement from Mario Monti
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HBOS HBOS.L says it will write to the European Commission to complain about Santander Central Hispano's continuing ties to Royal Bank of Scotland despite the Spanish bank's bid for Abbey National.
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A bidding war involving Europeâs three major exchanges was on the cards today after Paris-based Euronext made an approach to rival Deutsche Boerseâs Â£1.35 billion offer for the London Stock Exchange.
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Shareholders in Santander Central Hispano on Thursday approved the euro13 billion (US$16.4 billion) takeover of Abbey National of Britain.
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LONDON, August 23 (New Ratings) - HBOS Plc (HB7.ETR) is reportedly planning on complaining to the European Commission about the continuing cross-shareholdings between Banco Santander Central Hispano (BSCH) and Royal Bank of Scotland (RBOS), despite the
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The Spanish bank bidding to buy Abbey National insisted today that a rival offer from UK group HBOS would not necessarily derail its interest.
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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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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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HBOS is absolutely right to ask for a European Union investigation into the ongoing alliance between Royal Bank of Scotland and Santander.
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HBOS, the UK&#39;s fifth largest bank, surprised the City yesterday when it announced it would not be making a bid for Abbey National, walking away from what its chief executive, James Crosby, recently
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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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Spanish bank Santander claimed victory for its 8.7 billion pound (&#36;15.6 billion) agreed takeover of Britain's Abbey National after its most likely rival, UK bank HBOS, pulled out of the race.
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Abbey National shareholders are expected to back the takeover of the bank by Spain's Santander Central Hispano at a meeting on Thursday.
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Spanish bank Santander Central Hispano would drop an eight billion pound-plus offer for Abbey National if rival bids result in a drawn-out competition investigation, the Sunday Telegraph reports.
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Britain-based HBOS says it will file a complaint to the European Commission against Spanish bank Santander Central Hispano (SCH) in connection with SCH&#39;s bid to acquire British bank Abbey National
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HBOS HBOS.L says it will write to the European Commission to complain about Santander Central Hispano&#39;s continuing ties to Royal Bank of Scotland despite the Spanish bank&#39;s bid for Abbey National.
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HBOS is said to be in talks with potential financial backers over how to fund an Â£8bn takeover bid for Abbey National in a move to break up a takeover plan from Spain&#39;s Banco Santander Central Hispano.