Nationwide gains £2.3bn after Virgin Money takeover

Nationwide gains £2.3bn from Virgin Money takeover to ‘benefit’ customers
Nationwide Building Society said it has gained £2.3 billion since buying rival bank Virgin Money, but reported a drop in profits as the benefit of higher interest rates faded and it dished out cash to members.
Bumper win for top female banker as Nationwide seals £2.9bn takeover of Virgin Money
The building society completed its £2.9bn takeover of Virgin Money in October, making it the UK’s second largest mortgage and savings provider
Nationwide Building Society gains £2.3bn from Virgin Money takeover in welcome boost for customers
Nationwide Building Society has revealed a £2.3billion gain from its acquisition of Virgin Money, with the mutual pledging to use future profits to benefit customers rather than external shareholders.
Nationwide banks £2.3bn gain from Virgin Money takeover as profit tumbles
Nationwide has bagged a £2.3bn gain from its acquisition of Virgin Money, setting up a windfall for its members.
Nationwide reports £2.3 billion gain on Virgin Money acquisition
The UK's Nationwide Building Society said it would realise a bigger-than-forecast gain of £2.3 billion from its acquisition of rival Virgin Money, as it also reported a sharp drop in profits for the first half of the year.
Nationwide profit falls but books big gain from Virgin Money deal
Nationwide said that, since buying Virgin Money, it has booked an accounting gain of GBP2.3 billion, based on the value of the net assets acquired being above the price paid. Virgin Money also released its half-year results on Wednesday.
Nationwide bags £2bn on Virgin Money deal and boost could trigger windfall for customers
Britain's biggest building society, run by chief executive Debbie Crosbie (pictured), is expected to disclose the figure in its half-year results on Wednesday.
Nationwide books £2.3bn gain from Virgin Money takeover
Nationwide, the UK’s largest building society, recorded a £2.3bn gain from its purchase last month of listed lender Virgin Money, as it posted a drop in first-half profits. In annual results published on Wednesday,
Britain's Nationwide books surprisingly big $3 billion gain on Virgin Money deal
By Lawrence White LONDON (Reuters) -Nationwide Building Society said on Wednesday it would realise a bigger-than-expected gain of 2.3 billion pounds ($2.9 billion)from its acquisition of rival Virgin Money,
Nationwide gains £2.3bn from Virgin Money takeover deal
The gain reflects the gap between Virgin Money's value and the acquisition price of £2.9billion paid, Nationwide said
mortgagesolutions.co.uk6d
Virgin Money ups rates and adds 80% LTV deals to range
On Virgin Money ’s Own New range, the equivalent rates will be increased by 0.1%. Borrowers taking out the Retrofit Boost ...
Yahoo9d
Shocking News (But No, Not Really): Virgin Galactic Needs More Money
No sooner had it reported Q3 earnings than Virgin Galactic announced it will issue and sell another $300 million worth of ...
Virgin Atlantic CEO says UK budget is ‘tax on growth' with air duties set to rise
Shai Weiss said that despite aviation’s contribution to the economy, “all we’ve seen is an increase in Air Passenger Duty.” ...