CYBG to acquire Virgin Money for £1.7bn
CYBG, the owner of Yorkshire Bank and Clydesdale Bank, has this morning announced its deal to buy Virgin Money for £1.7bn has been agreed by shareholders.
The extended deadline for CYBG's bid for Virgin Money was set to expire at 5pm today but CYBG this morning announced the recommended all-share offer on the markets, stating: "The Boards of CYBG and Virgin Money Holdings (UK) are pleased to announce that they have agreed the terms of a recommended all-share offer to be made by CYBG for Virgin Money to create the UK's first true... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
