Britain's Small Banks Ripe for Takeover as CYBG and Virgin Money Deal Looms

Britain's Small Banks Ripe for Takeover as CYBG and Virgin Money Deal Looms

Britain’s Small Banks Ripe for Takeover as CYBG and Virgin Money Deal Looms

Shares in lender CYBG rose as much as 3 percent on Monday after it announced a revised bid for rival Virgin Money, increasing the likelihood of a deal that would create a new competitor to Britain’s biggest banks.

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