Building society ripe for takeover

ABBEY NATIONAL is no stranger to takeover bids and it is presently ripe for the picking.

Building society ripe for takeover
Tue, 08 Oct, 2002 - 01:00
Conor Keane

Abbey National plc shares were languishing badly at lows last seen way back in 1995 before Bank of Ireland’s governor Laurence Crowley went calling three weeks ago on Lord Burns, the present executive chairman at Abbey.

The Bank of Ireland approach is the best news Abbey shareholders received all year.

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CourtsPerson: Laurence CrowleyPerson: Lord BurnsPerson: Michael BuckleyPerson: DJ StoxxEvent: Merrill LynchOrganisation: Abbey NationalOrganisation: Abbey National plcOrganisation: Bank of IrelandOrganisation: AbbeyOrganisation: Lloyds TSBOrganisation: British GovernmentOrganisation: National Australia BankOrganisation: AIB BankOrganisation: AIB
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