HBOS weighs up Abbey bid

Banking group HBOS today stayed silent on claims that its bosses will meet this week to finalise plans for a £10bn (€14.7bn) bid for Abbey National.

HBOS weighs up Abbey bid
Sun, 05 Sep, 2004 - 12:56

Banking group HBOS today stayed silent on claims that its bosses will meet this week to finalise plans for a £10bn (€14.7bn) bid for Abbey National.

The group refused to confirm a Sunday newspaper report that its board will gather to consider a study by its lawyers about whether regulators would allow a takeover of Abbey.

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CourtsBusinessHeathrowPerson: James CrosbyOrganisation: HBOSOrganisation: AbbeyOrganisation: Abbey NationalOrganisation: Santander Central HispanoOrganisation: Office of Fair TradingOrganisation: Competition CommissionOrganisation: OFTOrganisation: SantanderOrganisation: BSCH
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