Archive for July 15th, 2008
Alliance & Leicester bought by Santander
The Spanish armada has arrived on Britain’s high street, and this time we’re cheering.
In a deft £1.26bn deal, Spain’s largest bank has bagged Alliance & Leicester, a deal likely to be cheered not only by most shareholders in the UK’s sixth-largest bank, but by embattled investors right across the banking sector.
With British house prices falling, [...]


