HBOS gives up Abbey chase
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HBOS abandoned its ambition to take over its rival Abbey National yesterday, as Spain&#39;s Banco Santander Central Hispano stepped up its efforts to convince investors to back its proposed Â£8.
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Banking group HBOS yesterday criticised European Competition Commissioner Mario Monti for appearing to welcome the Â£8.8 billion takeover of Abbey National
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BANKING giant HBOS yesterday said it had pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears the way for Spain&#39;s Santander
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Housebuilder Crest Nicholson agrees to be bought for Â£715m by a consortium of HBOS and property magnate Tom Hunter.
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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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The UK's largest mortgage lender HBOS says profits will "comfortably exceed" expectations and announces plans to buy back up to Â£750m of shares.
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Halifax-to-Bank of Scotland group HBOS has said it has pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears the way for Spain&#39;s Santander Central
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JP Morgan Chase is cancelling a $5bn IT outsourcing deal with IBM and bringing the service back in-house. IBM will hand over the running of the investment bank&#39;s data centres, help desks, distributed computing, data and voice networks from January 2005.
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LONDON  - Shares in Abbey National PLC, Britain's sixth-biggest bank and second-biggest mortgage lender, traded for the last time Friday ahead of the completion of its &#36;15.6 billion US acquisition by Santander Central Hispano SA, Spain's biggest bank.
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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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HBOS is considering whether to trump Spanish bank Santander's bid for Abbey, according to newspaper reports.
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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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HBOS has decided against bidding for Abbey National, dampening hopes of a challenge to Spanish bank Santander&#39;s agreed 8.8 billion pound takeover and hitting the target&#39;s shares.
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BT Group disposed yesterday of its last remaining stake in a satellite company when it sold its 15.8% holding in the Paris-based Eutelsat for Â£363m.
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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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HBOS says it will take a Â£180m write-down because of the credit crunch, but adds earnings will meet forecasts.
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British Sky Broadcasting withdrew several of its channels from the main cable provider in Britain over a cost disagreement.