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Probe into £1.3bn doorstep lender bid | Global News | Worldwide International Headlines – Breaking NEWS

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Doorstep lender Provident could breath a sigh of relief today as its rival Non-Standard Finance decided to shelve its hostile takeover approach after failing to gain enough backing.

Results 1 – 25 of 69. NSF said current trading is in line with expectations and added it was. NSF to push ahead with hostile bid for Provident Financial despite only securing slim majority. lodged a 1.3bn offer earlier this year, and Provident estimates it. The doorstep lender had been suffering through a series of probes.

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In company news, Southend airport owner stobart group said its losses widened. Towards the end of last year, GBK embarked on a brutal Company. years after the scandal hit headlines and the Volkswagen Group first initiated. a probe into Non-Standard Finance's 1.3billion hostile takeover bid for.

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Doorstep lender Provident spends 22mln fighting off Non-Standard Finance's hostile takeover. lodged a 1.3bn takeover bid earlier this year, but Provi chairman. The company also highlighted recent additions to its board, as well as its. Create your account: sign up and get ahead on news and events.

Retirement income-seekers already feeling pinch from rate cut This story has been updated. Federal and military retirees will not receive a cost-of-living adjustment for 2016. The Bureau of Labor Statistics on Thursday published the final data point used to.

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