LONDON, ENGLAND - MARCH 07: Members of the public walk past the Nationwide Building Society on March 07, 2024 in London, England. Nationwide announced today that it is set to buy Virgin Money in a £2.9bn takeover deal, forming the UK's second-largest mortgage and savings group. Nationwide Building Society has announced a £2.
Under the terms of the transaction, Nationwide will pay 218p in cash for each share of Virgin Money and a final dividend of 2p, the companies said on Thursday. “This acquisition strengthens Nationwide and means we can offer more value and broader services for our current and future members,” Crosbie said in a statement.
Source: News Formal (newsformal.com)
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