Nationwide gains £2.3bn

Nationwide gains £2.3bn from Virgin Money takeover to ‘benefit’ customers
Nationwide Building Society said it has gained £2.3 billion since buying rival bank Virgin Money, but reported a drop in profits as the benefit of higher interest rates faded and it dished out cash to members.
Nationwide Building Society: major UK bank says £2.3bn gain from takeover deal will benefit account customers
Nationwide Building Society said that the value of Virgin Money, which it purchased in October, is now well above the £2.8 billion takeover price. The merger is the largest banking deal in the UK since the financial crisis.
Nationwide books £2.3bn gain from Virgin Money takeover
Nationwide, the UK’s largest building society, recorded a £2.3bn gain from its purchase last month of listed lender Virgin Money, as it posted a drop in first-half profits. In annual results published on Wednesday,
Britain's Nationwide books surprisingly big $3 billion gain on Virgin Money deal
By Lawrence White LONDON (Reuters) -Nationwide Building Society said on Wednesday it would realise a bigger-than-expected gain of 2.3 billion pounds ($2.9 billion)from its acquisition of rival Virgin Money,
Nationwide gains £2.3bn from Virgin Money takeover deal
The gain reflects the gap between Virgin Money's value and the acquisition price of £2.9billion paid, Nationwide said
Bumper win for top female banker as Nationwide seals £2.9bn takeover of Virgin Money
The building society completed its £2.9bn takeover of Virgin Money in October, making it the UK’s second largest mortgage and savings provider
Britain's Nationwide reports 2.3 billion pound gain on Virgin Money acquisition
LONDON (Reuters) -Nationwide Building Society said on Wednesday it would realise a bigger-than-forecast gain of 2.3 billion pounds ($2.9 billion)from its acquisition of rival Virgin Money, as it also reported a sharp drop in profits for the first half of the year Statutory profit before tax fell 43% to 568 million pounds in the six months to Sept.
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Nationwide Profit Falls, Flags Uncertain Outlook
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Britain's Nationwide reports profit falls 43%
Nationwide Building Society reported its profit for the first half of the year dropped by 43% compared with the same period a year ago, as falling interest rates ate into margins while it sustained ...
Nationwide Meat Recall Expands 15-Fold Over Listeria Fears
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Nationwide profit update after Fairer Share Payment of £100 to 3.85m members
Nationwide Building Society has announced a £2.3bn gain since snapping up competitor Virgin Money, despite seeing its ...