Summary
NEWCASTLE Building Society has rubbished claims that it is in negotiations to be taken over by one of its rivals.
Reports at the weekend suggested the Skipton Building Society was in "ad-vancedtalks to buy the Tyneside mutual, following the Newcastle's pounds 26m loss in 2008 which included a pounds 43m write-off on deposits it held in two failed Icelandic banks.See the full content of this document
Extract
Society Ridicules Takeover Reports
But both building societies issued categoric denials of the r...
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