VUK News: Trending tickers: Virgin Money, Rentokil, Aviva, ITV - 7th Mar 2024, 11:31pm

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Sign for the VIRGIN BANK, signed Virgin Money, Ayr, UK (Alamy Retail)

Virgin Money (VMUK.L)

Nationwide Building Society has struck a deal to buy Virgin Money for £2.9bn ($3.7bn), creating one of the UK's largest mortgage and savings groups.

The 220p-a-share price offered comes as a 38% premium to Virgin Money's closing share price on Wednesday. David Bennett, chairman of Virgin Money UK, said that the deal offered “attractive value for our shareholders”.

The move is not set to m...

>>> Read more: Trending tickers: Virgin Money, Rentokil, Aviva, ITV
 
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