The board of CYBG has confirmed it has reached an agreement to acquire Virgin Money in a deal that values the latter business at £1.7bn.
In an update today, CYBG said it had agreed to offer 1.2125 new CYBG shares for every Virgin Money share, based on a closing price of 306p per CYBG share. The offer values each Virgin Money share at...
Developed by industry-wide group
Joined in 2002
'Educate clients' children'
Raised £15m earlier this week
From 8pm Friday 19 October