Mergers and acquisitions

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Nationwide plan to buy Virgin Money divides analysts and members

The £2.9bn deal would mark an expansion for the UK mutuals sector – but some of…

Renfrewshire credit unions merge as sector’s consolidation trend continues

Tail O' The Bank CU in Greenock says increased regulatory reporting and a lack of volunteers…

South Wales credit unions merge in bid to tackle high street banking deserts

Newport Credit Union says its merger with Smart Money Cymru will deliver access to online banking…

First Milk co-op acquires Dorset product maker BV Dairy

'This provides a genuine extension to our business, extending our manufacturing and market reach'

Co-op bank transfer: Belgium’s vdk bank takes on clients from NewB

25,000 clients were transferred from NewB, which hit trouble last year after it failed to meet…

Members of Belgian co-op bank NewB approve partnership with vdk

The deal gives NewB customers access to additional vdk bank products and services from April

Troubled Belgian co-op bank NewB to vote on merger with vdk bank in January

NewB, which has failed to meet regulatory capital requirements, is looking at a merger with the…

Co-operative merger could create third-largest supermarket in the Netherlands

The two co-ops estimate that the merger will help them save around €50 million a year