…UK - British-state-owned HM Treasury, with the aid of Financial Services Compensation Scheme (FSCS), agreed to acquire the entire share capital of Northern Rock PLC (Northern), a Newcastle-based mortgage bank. Originally, in September ####, Northern announced that it…
…UK - UBS AG of Switzerland acquired a #.##% stake, or ##.### mil ordinary shares, in Newcastle-based Northern Rock PLC, in a privately negotiated transaction.…
…UK - Lehman Commercial Mortgage Conduit Ltd, a wholly owned unit of Lehman Brothers Holding Inc, acquired the commercial secured loans portfolio of Northern Rock PLC, a Newcastle-based mortgage bank, for an estimated ##.## mil British pounds ($##.###…
…UK - Lehman Commercial Mortgage Conduit Ltd, a wholly owned unit of Lehman Brothers Holding Inc, acquired a mortgage loan portfolio of Northern Rock PLC, a Newcastle-based mortgage bank, for an estimated ##.## mil British pounds ($###.### mil…
…UK - Northern Rock PLC acquired Legal & General Bank Ltd and Legal & General Mortgage Services Ltd, mortgages, loans and deposits companies, from Legal & General Group PLC for ### mil pounds ($### mil) in cash.…
…UK - In November ####, Northern Rock PLC disclosed that it was seeking a buyer for its care homes. Negotiations with NHP PLC commenced Nov ##, but were terminated Feb ## ####. Discussions continue with other possible buyers.…
Northern Rock plc M&A Summary
Northern Rock plc has made 1 acquisitions while taking stakes in 0 companies. Northern Rock plc has 5 divestitures during this period.
Year
Acquisitions
Stakes
Divestitures
2009
0
0
0
2008
0
0
1
2007
0
0
3
2006
0
0
0
2005
0
0
0
2004
0
0
0
2003
0
0
0
2002
1
0
1
Total
1
0
5
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