Friday, December 09, 2005

Santander rejects Bradford & Bingley bid rumours

Story Santander Central Hispano, the listed Spanish bank, has denied it was interested in acquiring UK banking group, Bradford and Bingley, Expansion reported.
According to the newspaper, which did not cite any sources, B & B had seen the value of its shares rise by 1.71% yesterday (Wednesday), fuelled by the rumours.
B&B has market value of GBP 2.449bn (EUR 3.625bn).

Source Expansion
Value GBP 2,499m (market cap B & B)



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