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.
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Hand over the money! (In case you don't know, this is a Challenger TANK)
What a surprise Elliot Advisers are at it again... 🙄