Virgin Group and partners ready to bid on Northern Rock bank
Story date: 2007-10-12 09:57:00
Added on: 2007-10-12 16:00:20
International Herald Tribune - The Virgin-led group would refinance Northern Rock's mortgage book. Northern Rock, whose origins date to 1850, began seeking a buyer after the bank ran into trouble following the turmoil in global credit markets this summer. The bank relies on capital ...
Read more...
Related Stories:
-
Stocks Moving Higher
Stockhouse Canada - ... Virgin Group Ltd. lodged a formal proposal with the advisers of Northern Rock Plc to recapitalize and...
2007-11-16 12:33:00 -
Northern Rock Favors Virgin Offer; Treasury Approves (Update3)
Bloomberg - Nov. 26 (Bloomberg) -- Northern Rock Plc, the U.K. mortgage lender bailed out by the Bank of England two months...
2007-11-26 04:15:00 -
Virgin submits proposal for Northern Rock rescue (Reuters.co.uk)
LONDON (Reuters) - A consortium led by Richard Branson's Virgin Group has submitted a proposal that will recapitalise and refinance embattled mortgage...
2008-02-04 09:46:57 -
Virgin team submits proposal to Northern Rock (FT.com via Yahoo! News)
A high-octane consortium led by Virgin Group submitted a proposal on Friday to take over Northern Rock, a deal that would...
2007-10-12 08:20:18 -
Virgin team submits proposal to Northern Rock
Financial Times - ... octane consortium led by Virgin Group submitted a proposal on Friday to take over Northern Rock ,...
2007-10-12 02:26:00 -
Virgin consortium submits Northern Rock rescue proposal (The Forex Market)
- A consortium led by Sir Richard Branson's Virgin Group today confirmed that it has submitted a rescue plan for Northern Rock,...
2008-02-04 09:28:24 -
Virgin, Olivant file proposals for Northern Rock (Market Watch)
(Updates with details of Olivant Proposal). LONDON (MarketWatch) -- Olivant Advisers, an independent investment group, said Friday that it is submitting a...
2007-11-16 10:01:11 -
Virgin choose A&O for Northern Rock
Lawyer Online - ... Overy (A&O) has landed another role on Northern Rock by advising the Virgin Group on its proposals...
2007-10-12 10:04:00
