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Virgin Money Holdings (UK) PLC (VM.L)

VM.L on London Stock Exchange

405.40GBp
4:12pm IST
Change (% chg)

5.60 (+1.40%)
Prev Close
399.80
Open
398.80
Day's High
406.70
Day's Low
398.80
Volume
407,308
Avg. Vol
3,539,597
52-wk High
423.80
52-wk Low
250.20

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Mon, Aug 6 2018

Legal & General inks lifetime mortgage deal with Virgin Money

Aug 6 British insurer Legal & General said on Monday it has teamed up with Virgin Money to offer lifetime mortgages to Virgin customers at the end of their interest-only home loan term.

UPDATE 1-Virgin Money H1 profit tops estimates, forecasts drop in lending margins

July 26 Virgin Money reported a better-than-expected 10 percent rise in first-half underlying pretax profit on Thursday, helped by growth across the bank's core mortgages, savings and credit card businesses.

Virgin Money reports 10 pct rise in H1 profit

July 26 Virgin Money reported a 10 percent rise in first-half underlying pretax profit on Thursday, helped by growth across the bank's core mortgages, savings and credit card businesses.

CYBG and Virgin Money join forces to take on Britain's biggest banks

LONDON Mid-sized bank CYBG has agreed to buy Virgin Money in a 1.7 billion pound ($2.3 billion) all-share deal that it said will create Britain's sixth-largest bank by assets and a stronger challenger to the country's top four lenders. | Video

CYBG and Virgin Money join forces to take on Britain's biggest banks

LONDON Mid-sized bank CYBG has agreed to buy Virgin Money in a 1.7 billion pound ($2.3 billion) all-share deal that it said will create Britain's sixth-largest bank by assets and a stronger challenger to the country's top four lenders. | Video

Breakingviews - Virgin Money is cheap bride in UK bank wedding

LONDON (Reuters Breakingviews) - Virgin Money has turned out to be an acquiescent bride. The UK lender on Monday agreed to wed larger CYBG in a deal worth 1.7 billion pounds. The agreement to create the UK’s sixth-biggest bank by assets comes barely a month after Virgin Money spurned an initial approach. A union may well make sense – but its shareholders are entitled to feel short-changed.

UPDATE 3-CYBG and Virgin Money join forces to take on Britain's biggest banks

* GRAPHIC:(tmsnrt.rs/2Jcwir8) (Adds CFO, Unite quote, graphic links, updates share prices)

British bank CYBG clinches $2.3 billion takeover of Virgin Money

LONDON, June 18 Mid-sized British bank CYBG said on Monday it had clinched a deal to take over rival Virgin Money after over a month of talks, in a deal valuing the lender at around 1.7 billion pounds ($2.26 billion).

CYBG on track to clinch Virgin Money deal before deadline - source

LONDON, June 15 CYBG is closing in an agreement to buy rival Virgin Money to create a larger bank to take on Britain's biggest lenders, a source familiar with the matter told Reuters on Friday.

Britain's small banks ripe for takeover as CYBG and Virgin Money deal looms

LONDON Shares in lender CYBG rose as much as 3 percent on Monday after it announced a revised bid for rival Virgin Money , increasing the likelihood of a deal that would create a new competitor to Britain's biggest banks.

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