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Welcome to Money Diaries, where we’re tackling what might be the last. Maybe I’ll add it to the wishlist… 2pm: I text P to ask if he’s seen the offer on the Virgin.

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Clydesdale and Yorkshire Banking Group (CYBG (Frankfurt: 42YA.F – news) ) has made a takeover offer for rival Virgin Money. The all-share "preliminary approach", which values Virgin at about £1.6bn, would create a company with six.

LONDON (Reuters) – Shares in Virgin Money (VM.L) rose as much as 9 percent on Tuesday after the British bank said it had received an all-share takeover offer by rival CYBG (CYBGC.L), valuing the group at about 1.6 billion pounds ($2.17.

Challenger banks Virgin Money and Clydesdale Bank-owner CYBG have confirmed they are in £1.6bn merger talks. In a statement to the London Stock Exchange, Virgin Money said it had received a “preliminary and conditional proposal”.

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The owner of Clydesdale Bank and Yorkshire Bank, CYBG, has made a takeover approach for Virgin Money which values the lender at £1.6bn. A combination of CYBG and Virgin Money would create the largest "challenger bank" to the UK’s.

LONDON (Reuters) – British entrepreneur Richard Branson, founder of the Virgin business empire, is reviewing a 1.6 billion pounds ($2.2 billion) takeover bid that could turn the fledgling lender he founded almost 25 years ago into one of.

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The owner of Clydesdale Bank and Yorkshire Bank, CYBG, has made a takeover approach for Virgin Money which values the lender at £1.6bn. A combination of CYBG and Virgin Money would create the largest "challenger bank" to the UK’s.

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On the 16 May 2018, Virgin Money Holdings (UK) plc (LSE:VM.) will be paying shareholders an upcoming dividend.

Clydesdale and Yorkshire Banking Group (CYBG) has made a takeover offer for rival Virgin Money. The all-share "preliminary approach", which values Virgin at about £1.6bn, would create a company with six million personal and.

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