HBOS to launch complaint over Spanish bid for Britain's Abbey
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British bank HBOS announced it would file a complaint to the European Commission regarding Santander Central Hispano'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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The Spanish Anti-Violence Commission have asked the Spanish FA (RFEF) to open a disciplinary case against Spain coach Luis Aragones.
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James Crosby, chief executive of HBOS, has hired a team of 30 integration experts from KPMG&#39;s transaction services arm to try to make the numbers work for a potential Â£10bn bid for Abbey National.
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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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Spanish bank Santander SAN.MC would not necessarily drop its 8 billion pound plus bid for Abbey National if another bank entered the fray and sparked a competition probe, it says.
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The City watchdog today played down reports that it had concerns about Abbey National suitor Banco Santander Central Hispano. The Financial Services Authority confirmed
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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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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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Emilio BotÃ­n, head of Banco Santander Central Hispano, which is expected to buy Abbey National, was yesterday charged with tax and document fraud by a Spanish court.
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Spain&#39;s Anti-violence Commission has asked football authorities to launch an urgent disciplinary investigation into remarks made by national coach Luis Aragones before last month&#39;s friendly against England.
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Britain's biggest mortgage lender, HBOS Plc , is in the early stages of planning a 1.2 billion pound ($2.44 billion) takeover bid for property group Quintain Estates & Development Plc , The Sunday Times reported.
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Spanish officials are set to renege on a promise to the Football Association not to use tomorrow&#39;s friendly with England in the BernabÃ©u Stadium to promote Madrid&#39;s 2012 Olympic bid, a rival to London&#39;s.
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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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BT's former mobile phone arm, mmo2, could be the target of a takeover bid from Spain, it is being reported.
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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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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).