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Merger Update : Nationwide / Virgin Money

RNS Announcement

RNS Number : 1150W

Competition and Markets Authority

19 July 2024

Merger Clearance: Anticipated acquisition by Nationwide Building Society of Virgin Money UK PLC

The CMA has decided, on the information currently available to it, not to refer the above merger to a phase 2 investigation under the provisions of the Enterprise Act 2002:

A summary of the decision is available on the dedicated case page and the text of this decision will be published as soon as is reasonably practicable.

In the event of media enquiries please email press@cma.gov.uk.

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RNS metadata

Title: Merger Update : Nationwide / Virgin Money
Time: 10:36:23
Date: 19 Jul 2024
Category: Acquisitions and alliances
ID: 1150W