UK watchdog probes NSF’s hostile $1.6 billion bid for rival Provident

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UK watchdog probes NSF’s hostile .6 billion bid for rival Provident – May 29 at 8:31 AM: M&G to vote against NSF’s 1.3bn takeover bid for Provident – May 28 at 8:27 AM: NSF expects to win over Britain’s competition watchdog on Provident bid – May 13 at 8:26 AM

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UK watchdog probes NSF’s hostile $1.6 billion bid for rival Provident.

A review into Non-Standard Finance’s £1.3 billion hostile takeover bid for doorstep lending rival Provident Financial has been launched by Britain’s competition watchdog. Business Trainline.

UK watchdog probes NSF’s hostile $1.6 billion bid for rival Provident 10:47 29-May-19. Competition authority expresses concern about Non-Standard Finance and Provident Financial.

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 · (Reuters) – Provident Financial stood its ground against a hostile 1.3 billion pound ($1.7 billion) takeover bid by smaller rival Non Standard Finance on Wednesday, saying it will focus on growing its banking business. Vanquis Bank, headquartered in the heart of London’s historic financial district, has 1.8 million customers and accounts for more than half [.]

(Reuters) – Britain’s competition watchdog said Provident Financial and smaller rival Non-Standard Finance would have to hold off from integrating after any deal, to protect staff and customers while it considers the market impact of combining the subprime lenders. The Competition and Markets.

BUZZ-Provident tops FTSE 250 gainers as NSF drops hostile takeover bid. ($1.65 billion) bid for rival Provident Financial, the company said on Tuesday.. UK watchdog probes NSF’s hostile $1.6.

Britain’s competition watchdog is considering whether Non-Standard Finance’s (NSF) hostile 1.3 billion (US$1.6 billion) takeover of rival Provident Financial would result in a substantial decrease in competition.

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(Reuters) – British doorstep lender Non-Standard Finance (NSF) faced a fresh hurdle in its hostile 1.3 billion pound bid for rival Provident Financial on Wednesday as the UK competition watchdog raised questions over the proposed deal. The Competition and Markets Authority (CMA) said it was.