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Reuters: UK bank B&B ups rights issue size after TPG quits

Started by chris, July 04, 2008, 11:41:08 AM

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chris

UK bank B&B ups rights issue size after TPG quits
      


LONDON (Reuters) - Bradford & Bingley  plans to increase its rights issue to 400 million pounds ($794 million) after U.S. private equity firm TPG Capital pulled out of a plan to buy a stake, sending its shares lower.
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