Challenger banks in talks about £1.6bn merger

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 67%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Charter Court Financial Services and OneSavings Bank are in advanced talks about an all-share tie-up, Sky News learns.

OneSavings, which has its origins in the Kent Reliance Building Society and has been backed by the private equity group JC Flowers, has grown successfully in recent years‎ despite rising pressures on the buy-to-let mortgage market.

Mr Golding is expected to become chief executive of the combined group if its merger with Charter Court goes through. Elliott Advisors, the activist investor, remains its largest shareholder and is understood to have given its blessing to the Charter Court deal.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Hand over the money! (In case you don't know, this is a Challenger TANK)

What a surprise Elliot Advisers are at it again... 🙄

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 35. in SE

Sverige Senaste nytt, Sverige Rubriker