May 31, 09:17 AM

Nationwide's £2.9 Billion Deal to Buy Virgin Money Faces CMA Probe

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Nationwide's planned £2.9 billion deal to buy Virgin Money UK will be investigated by Britain's competition regulator, the Competition and Markets Authority (CMA). The probe aims to assess the potential impact of the merger on competition within the financial services sector.

#Nationwide #Virgin Money UK #Britain #Competition and Markets Authority #CMA

Written with ChatGPT (GPT-4o).

Sources

Guardian news@guardiannews
2 years ago
CMA to investigate £2.9bn takeover of Virgin Money by Nationwide https://t.co/dSWpXgyTvs
Guardian Business@BusinessDesk
2 years ago
CMA to investigate £2.9bn takeover of Virgin Money by Nationwide https://t.co/KtpcFurrgD
Telegraph Business@TeleBusiness
2 years ago
Britain’s competition watchdog has launched an investigation into Nationwide’s planned £2.9bn takeover of Virgin Money https://t.co/TvSylqMX26

Additional media

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