Home Page : Archive News : November 2011 News : Northern Rock Cash Used to Fund Deal

Northern Rock Cash Used to Fund Deal

November 20, 2011

A third of the price that Sir Richard Branson’s Virgin Money is paying to buy Northern Rock will be funded from the state-owned bank’s current capital base, the Financial Times has discovered.

Source: http://www.cnbc.com/id/45367643?__source=RSS*tag*&par=RSS
 
Related Updates