bid

Nationwide challenges UK’s big banks with US.7 billion Virgin Money bid
Nationwide challenges UK’s big banks with US$3.7 billion Virgin Money bid
March 7, 2024
BRITAIN’S Nationwide Building Society has agreed to buy Virgin Money UK in a potential US$3.7 billion all-cash deal to create the country’s second-largest savings and mortgage provider. The proposed...
Investors raise Macy’s buyout bid: WSJ
Investors raise Macy’s buyout bid: WSJ
March 3, 2024
AN INVESTOR group seeking to buy Macy’s is raising its offer by nearly US$1 billion after the department store chain rebuffed its prior proposal as too low, the Wall...
Barclays aims to cut costs by £2 billion in bid to boost returns
Barclays aims to cut costs by £2 billion in bid to boost returns
February 20, 2024
BARCLAYS said it will go on a major cost-cutting drive as part of chief executive officer CS Venkatakrishnan’s efforts to boost returns above 12 per cent in the coming...