Virgin Money UK PLC Shs Chess Depository (AU:VUK) has released an update.
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Virgin Money UK PLC has announced the unconditional clearance by the UK Competition and Markets Authority (CMA) for its acquisition by Nationwide Building Society, following a Phase 1 investigation. This marks a significant milestone in the proposed cash acquisition, which was approved by Virgin Money shareholders and is expected to be finalized during the fourth quarter of 2024, pending further regulatory approvals and court sanction. Shareholders and interested parties can remain updated on the acquisition’s progress through announcements on the company’s website.
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