Santander payout offer hits doubts
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Banco Santander's offer of a 31p special dividend payment to Abbey National shareholders is all but worthless, according to analysts at Citigroup.
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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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HBOS is considering whether to trump Spanish bank Santander's bid for Abbey, according to newspaper reports.
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The role of agents in multimillion-pound football transfer deals came under fresh scrutiny yesterday after Manchester United revealed payments of Â£11m to middle-men for their help in signing players.
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The chairman of Santander Central Hispano, the Spanish bank which is bidding for Abbey National, will tell unions today that a successful acquisition by his company will result in less than
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The money-transfer company isn't taking a breather.
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LONDON (CBS.MW) -- UK bank Abbey National (UK:ANL) said uncertainty and distraction caused by its takeover process by Spanish bank Banco Santander (STD) affected its third quarter results, but a &quot;speedy conclusion to the transaction has avoided a marked
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Barclays says a technical problem forced it to borrow Â£1.6bn and denies it is facing a cash crisis.
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A bidding consortium led by the Royal Bank of Scotland is expected to give some insight as to whether it will go ahead with a rival offer.
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UNION officials have warned of the threat to up to 2000 Scottish jobs if Spanish bank Santander sells Abbey - s closed funds after it completes its 8.4 billion takeover of the British bank next month.
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Business & money: Concern over stagflation sees share prices go into a tailspin despite Fed injection of cash
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HBOS questioned yesterday the impartiality of the European Union&#39;s competition commissioner, Mario Monti, after he made comments that appeared to be favourable to a bid for Abbey National by the Spanish bank Santander Central Hispano.
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Banco Santander's controversial pursuit of U.K. mortgage lender Abbey National shows how difficult it can be for Spanish banks to grow outside their borders.
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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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LONDON, September 9 (New Ratings) - Santander Central Hispano (BSD2.FSE) has indicated that it is selling a 2.51% stake in Royal Bank of Scotland Group Plc, in an attempt to seek regulatory approval to acquire UKâs Abbey National Plc.
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Spanish bank Santander claimed victory for its 8.7 billion pound ($15.6 billion) agreed takeover of Britain&#39;s Abbey National after its most likely rival, UK bank HBOS, pulled out of the race.
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Barclays said on Thursday that it was considering the introduction of a cash element to its all-shares offer for Dutch bank ABN Amro.