Summary
SHARES in the UK's biggest mortgage lender soared amid rumours of a possible takeover approach from Spanish bank BBVA.
The speculation over Halifax Bank of Scotland comes after its pounds 4bn rights issue flopped, leaving underwriters Morgan Stanley and Dresdner Kleinwort with around pounds 2.6bn in shares snubbed by investors.See the full content of this document
Extract
Takeover Rumours Boost Hbos ; in Association with Rbs
The talk moved HBOS as much as 13% higher yesterday to wel...
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