Fri, 14 May 2010 | MERGER
The Financial Services Authority has approved a merger bid for the Chesham and Skipton Building Societies.
Over 80% of Chesham's customers voted in favour of the move to combine with the Skipton Building Society, in a yearly meeting which took place in April.
Chesham is the longest surviving building society in Britain, and was founded in 1845. It is expected to marry up with the Yorkshire-based Skipton on 1 June.
Chesham's members will be able to use Skipton's 92 branches spread across the UK from 1 June onwards.
Skipton's plans involve retaining the Chesham branches for one year before reviewing the business.
Chesham chief executive Paul Kilbride is pleased that the society's customers are happy for the deal to go ahead, as is Skipton chief executive David Cutter.
Skipton is also set to launch a new product - the 95% LTV mortgage for first time buyers, along with a range of 90% LTV products for introducers with the Skipton divisions Connells and Pink Home Loans.
A leading engineering firm focusing on electric power steering solutions and bespoke wiring harnesses serving various industries. It operates as two entities both reputable for maintaining high standards and offering bespoke solutions for clients. In...
Market-leading fruit and vegetable supplier distributing fresh produce and complementary goods both wholesale and D2C. The companys uncompromising drive for customer satisfaction has built strong relationships with across an enviable client base incl...
Turnkey construction services provider completing a range of projects with expertise across maintenance general refurbishment new build and conservation including work on listed buildings. The company provides full-service construction works utilisin...
|
02
|
|
May
|
Scottish law firms WJM and Davidson Chalmers Stewart merge | MERGER
Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) an...
|
01
|
|
May
|
Cybersecurity firm Brigantia bought by European peer | BUSINESS SALE
North Yorkshire cybersecurity distributor Brigantia Partners...
|
01
|
|
May
|
Historic pottery company Moorcroft goes out of business | ADMINISTRATION
The directors of 128-year-old Moorcroft Pottery have announc...
|
02
|
|
May
|
Scottish law firms WJM and Davidson Chalmers Stewart merge | MERGER
Scottish law firms Wright, Johnston & Mackenzie LLP (WJM) an...
|
01
|
|
May
|
McCann and Partners undergoes an MBO | MBO/MBI
A team of five directors at South Wales engineering and buil...
|
01
|
|
May
|
Historic pottery company Moorcroft goes out of business | ADMINISTRATION
The directors of 128-year-old Moorcroft Pottery have announc...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.