 Edmonton Journal |
Virgin Wins Government Backing for Northern Rock Bid (Update5)
Bloomberg –
By Jon Menon and Ben Livesey Nov. 26 (Bloomberg) — Richard Branson's Virgin Group Ltd. won British government support to buy Northern Rock Plc, the mortgage lender bailed out two months ago by the Bank of England.
Virgin Group in Lead for Bank
Virgin sees N.Rock boe loan repaid in 2-3 yrs
More: continued here