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    Home»Mergers & Acquisitions»Britain completes 5 billion pound sale of Bradford & Bingley and NRAM
    Mergers & Acquisitions

    Britain completes 5 billion pound sale of Bradford & Bingley and NRAM

    March 2, 20211 Min Read
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    The British government on Friday completed the 5 billion pound ($6.96 billion) final sale of mortgage lenders Bradford & Bingley and NRAM Limited, which were nationalised in the aftermath of the 2008 financial crisis.

    The sale was approved following a competitive auction process and will see B&B and NRAM, formerly Northern Rock, sold to a consortium comprising Davidson Kempner Capital Management and Citibank.

    See source at Reuters

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    2021 Acquisitions deals and transactions Mergers and acquisitions PE Insider Private Equity
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