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Reuters: Santander to buy UK bank A&L in $2.6 bln deal

Started by chris, July 14, 2008, 01:41:08 PM

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chris

Santander to buy UK bank A&L in $2.6 bln deal
      


LONDON/MADRID (Reuters) - Spain's Santander  is buying British bank Alliance & Leicester  for 1.3 billion pounds ($2.6 billion) in an agreed deal that will bulk up its existing UK bank Abbey.
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