National Australia Bank silent on Northern Rock bid
Jan 4, 2010, 7:32 GMT
Sydney - National Australia Bank (NAP) refused comment
Monday on reports that it was a suitor in the international contest
to snare stricken British lender Northern Rock.
The London-based Observer newspaper said NAB had engaged advisers
for a possible bid to buy the first British casualty of the credit
Northern Rock was nationalized in February because the British
government deemed it could not cope with the higher cost of borrowing
attendant on the global financial crisis.
FROM THE WEB
Further Reading on M&C
comments powered by Disqus. comments powered by
Latest Headlines in Business
Classic Games on M&C
Also Check Out
Father's day is coming up this June 16th. ...
This May, we have a small but tight group of new and fabulous finds to tell you about. ...
Thanks to a company called Vice Merchants, there is a new trend in bedding… sexy sheets for the same sex couple. ...
more Tisanoreica’s Old World Formula Meets The Latest In Medical Science To Lay ‘Waist’ To America’s Obesity Epidemic
Memorial Day Weekend is sliding up on us, and we could not be happier about this. It means a few days where time is a little bit slower, and the food and drink are savory and satisfying but not too heavy. ...