Monti backs bid for Abbey
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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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SANTANDER, the new owner of Abbey National, yesterday unveiled Francisco Gomez-Roldan, the Spanish bank&#39;s chief financial officer, as Abbey&#39;s chief executive as it took another step towards finalising the Â£9bn all-share acquisition.
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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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It was nice of the Ryder Cup to put in an appearance at Woburn Abbey on Wednesday evening for Ken Schofield&#39;s retirement party.
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Spain&#39;s Santander Central Hispano has claimed victory with its bid for Abbey National after HBOS, seen as the most likely rival suitor, backed out of the race.
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Il commissario alla Concorrenza dell&#39;Unione europea, giunto al termine del suo mandato, ha offerto delle anticipazioni su quello che sarÃ  il proprio futuro. Monti, che qualche settimana fa aveva rifiutato
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Abbey National faces a high court challenge to its Â£9bn takeover by Banco Santander Central Hispano because of concerns about criminal charges faced by executives of the Spanish bank.
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The hopes of Spain's largest bank to secure Abbey National have been given a boost after the City watchdog said it saw no reason to block the deal.
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AS Roma skipper Francesco Totti made it clear today that his first desire is to remain with his home-town club. âI always said the same things.
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I believe that a deal is possible. If we don't get one at Leeds Castle, then we have got to look for another way forward, he said, referring to the venue near Maidstone in Kent of the talks that open next ...
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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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UK bank HBOS has decided not to make a bid for Abbey, the bank has said. Many observers had expected HBOS to make a play for Abbey, which had agreed to a Â£8.
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He told the UK&#39;s The Times: &quot;What could I do? I have got an offer from another country who are looking to build a lovely venue and invest a lot of money in Formula One.
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Santander Central Hispano SAN.MC is expected to announce that headcount at Abbey National ANL.L will drop by no more than 4,500 if it succeeds with its takeover, a source familiar with the situation says.
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Abbey National today looked set for Spanish ownership after banking group HBOS declared it was no longer considering a rival bid. Here are the key dates in the long-running saga over the troubled bankâs future.
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SPAINâs Banco Santander Central Hispano is conducting a beauty parade of investment banks to sell the life businesses it will acquire as part of its Â£8 billion takeover of Abbey.
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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