Virgin Money acquisition | Nationwide - Nationwide Building Society
Oct 1, 2024 · I am pleased to confirm that Nationwide has completed its acquisition of Virgin Money. Nationwide is now stronger and able to deliver even greater value for our members, including through our unique Branch Promise, leading customer satisfaction, and competitive savings and lending rates.
Nationwide completes takeover of Virgin Money
Oct 1, 2024 · Nationwide has completed its takeover of Virgin Money, meaning the bank's savers and borrowers could become members of the building society in future. The Virgin Money brand will also be phased out eventually – though there's NO change for new or existing customers of either brand for now.
Virgin Money and Nationwide
Oct 1, 2024 · Today the boards of Nationwide Building Society (Nationwide) and Virgin Money UK PLC (Virgin Money) have confirmed that regulatory approval has been received from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) for the acquisition of Virgin Money by Nationwide.
What Nationwide’s swoop for Virgin Money will mean for you
Mar 7, 2024 · Nationwide Building Society has launched a proposed £2.9 billion takeover of smaller rival Virgin Money in a move that will create a UK lending giant. The move took the City by surprise and...
Nationwide issues update over 'big changes' coming after Virgin Money ...
3 days ago · Nationwide Building Society has revealed it will realise a bigger-than-expected gain of £2.3billion from its acquisition of rival Virgin Money. The landmark deal saw Nationwide acquire Virgin Money for £2.8billion in October. The lender previously claimed that the gain could be approximately £1 ...
Nationwide strikes deal to buy Virgin Money for £2.9bn - BBC News
Mar 7, 2024 · Nationwide Building Society has reached an agreement to buy Virgin Money in a £2.9bn deal which would see the brand eventually disappear. The deal would create the UK's second largest...
Nationwide gains £2.3bn from Virgin Money takeover to ‘benefit ...
3 days ago · Nationwide Building Society said it has gained £2.3bn 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. The building society said the value of Virgin Money, which it acquired in October, was well above the £2.8bn takeover price.
Nationwide Agrees Terms With Virgin Money on £3 Billion Deal
Mar 21, 2024 · Nationwide Building Society has agreed to purchase Virgin Money UK Plc for £2.9 billion ($3.7 billion) in a cash deal that is set to reshape Britain’s banking landscape.
Nationwide agrees to buy Virgin Money for £2.9bn - Financial Times
Mar 7, 2024 · Nationwide Building Society has reached a preliminary agreement to buy Virgin Money for £2.9bn, in a deal that would create a more powerful challenger to the UK’s biggest banks.
Nationwide to buy Virgin Money for £2.9bn - Financial Times
Mar 21, 2024 · Nationwide Building Society has announced a £2.9bn deal to acquire Virgin Money, two weeks after the companies agreed the initial terms of a tie-up designed to challenge the dominance of...
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