Monday, August 07, 2006
HBOS announces Mourant merger
Mourant Equity Compensation Solutions, a subsidiary of a legal business based in Jersey, is to merge with HBOS Employee Share Services. The news was reported in the Guardian, which cited an HBOS announcement yesterday. The report said the new entity will be known as HBOS Employee Equity Solutions and will be the number-one supplier of executive and employee share plans in the UK.
A Times report said the deal was valued at GBP 25m (EUR 37m).
HBOS is a UK-listed bank.
Source The Guardian, The Times (London)
Value GBP 25m (Deal size (Times))
A Times report said the deal was valued at GBP 25m (EUR 37m).
HBOS is a UK-listed bank.
Source The Guardian, The Times (London)
Value GBP 25m (Deal size (Times))
