Principality Denies Takeover Talks with Bank Down Under

Summary


WALES' largest mutual yesterday said it was not in talks with a major Australian bank over a takeover.

Reports on Sunday suggested that the National Australia Bank is circling a number of UK building societies as it looks to expand in this country.

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Extract


Principality Denies Takeover Talks with Bank Down Under

The group, which already owns the Clydesdale and Yorkshire banks, is understood to be considering launching a takeover bid for either the Chelsea or Newcastle ...

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