89% of Virgin Money shareholders approved a £2.9bn takeover by Nationwide Building Society, completing the UK's largest banking deal since the financial crisis.
Virgin Money shareholders have overwhelmingly approved a £2.9bn takeover by Nationwide Building Society, clearing the path for the UK's largest banking deal since the financial crisis. Over 89% of voting shareholders supported the deal, while nearly 11% rejected it. Virgin Money will exit London and Australian stock exchanges following the approval.
May 22, 2024
4 Articles