Sunday, September 21, 2008

HBOS / Halifax Facing Takeover

HBOS, the owner of Halifax, admitted that they were in talks with Lloyds TSB to try and work out a merger deal. The two banks are working very fast to arrange a deal to safeguard the company. The Competition Commission is likely to grant special permission for the merger (despite increase in monopoly power) given [...]

Read More...

[Source: Finance Blog]

No comments: