Investment Capital

Virgin Money to buy Northern Rock

Sir Richard Branson’s Virgin Money is to buy nationalised lender Northern Rock in a £747 million deal, the Treasury has announced. The takeover of the Newcastle-based bank, which was taken into public ownership in February...
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Blackstone Completes $4 Bil. First Closing

Blackstone Group, the U.S. private equity group, said it remains the best-positioned real estate investor to take advantage of the distress in the system as it confirmed the first closing on a $4 billion seventh...
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