News Tag: Banco Santander
August 19, 2008
Former building society, Alliance & Leicester (A&L) has sent information to its 564,000 shareholders on the £1.3 billion proposed takeover by Spanish bank, Santander.
Roy Brown, acting A&L chairman, is strongly encouraging shareholders to vote for the deal and has warned if the move is rejected by shareholders, the bank would be exposed to the worsening economic slowdown.
The bank ...
A&L encourages shareholders to vote for Santander deal
by Kay Murchie
