SCH shareholders approve Abbey National takeover
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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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London Stock Exchange (LSE) directors are confident that the firm's investors will approve its takeover of Borsa Italiana.
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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).
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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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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, 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.
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Spanish bank Santander claimed victory for its 8.7 billion pound ($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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LONDON, August 23 (New Ratings) - Abbey National (AYN.ETR) is likely to witness a maximum of 4,500 job losses over the next three years, following its proposed Â£8 billion takeover by Banco Santander Central Hispano (BSCH).
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Once the bid for Abbey is completed, SCH plans to offer Abbey employees 100 of the Spanish bank&#39;s shares, &quot;as a means of leveling the interests of employees at both banks,&quot; Botin said.
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Alcatel CGEP.PA shareholders on   Thursday approved the French telecoms equipment provider's   all-share acquisition of U.S. rival Lucent LU.N, putting an   end to weeks of debates about the deal's merits.
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Spain&#39;s SCH plans to cut around 3,000 jobs at takeover target Abbey National to meet its goal of reducing costs by 450 million euros (302 million pounds) at the bank within three years.
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BRUSSELS  - The European Union has cleared Banco Santander Central Hispano SA's acquisition of British rival Abbey National PLC.
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Swiss voters overwhelmingly approve government proposals to permit research using stem cells of human embryos.
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Corus shareholders on Wednesday overwhelmingly backed a takeover of the Anglo-Dutch steel group by Tata Steel of India, as 97 percent of voters approved a deal worth 7 billion pounds.
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The Financial Services Authority has cleared Spanish bank Santander Central Hispano's Â£9bn takeover of Abbey National.
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Dow Jones shareholders approve the $5bn (Â£2.5bn) takeover by Rupert Murdoch's News Corp.
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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.