Abbey deal cleared by watchdog

The London markets watchdog today gave its blessing to the £9bn (€12.9bn) takeover of Abbey National by Spanish bank Santander Central Hispano.

Abbey deal cleared by watchdog
Fri, 05 Nov, 2004 - 10:56

The London markets watchdog today gave its blessing to the £9bn (€12.9bn) takeover of Abbey National by Spanish bank Santander Central Hispano.

In a statement, the Financial Services Authority (FSA) said it had no objections to the tie-up following an examination lasting more than a month.

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CourtsBusinessHeathrowPlace: LondonPlace: UKPlace: EuropeOrganisation: AbbeyOrganisation: Abbey NationalOrganisation: Santander Central HispanoOrganisation: Financial Services AuthorityOrganisation: FSA)Organisation: FSAOrganisation: High CourtOrganisation: European Commission
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