Nationwide Building Society has agreed to a £2.9 billion deal to acquire Virgin Money, a move that has sparked significant discussion among its members and the broader public. There have been mounting calls for Nationwide to give its members a say in the takeover process, with some urging members to oppose what they see as a misguided deal. The acquisition, which is a cash deal, is set to reshape Britain's banking landscape. Richard Branson, associated with Virgin Money, is set to receive a $856 million payout from the takeover. Nationwide has issued a message to people with over £1 in their bank account 'from today'.
Richard Branson set for $856 million payout from Nationwide’s Virgin Money takeover https://t.co/IaoMViXCLL
Nationwide agrees £2.9bn deal to take over Virgin Money https://t.co/7pkHSFBX7A
Nationwide's £2.9bn takeover of Virgin Money takes step forward https://t.co/U3nd8Zipmn https://t.co/3KkltFEi4J
Nationwide Building Society confirms acquisition of Virgin Money in £2.9billion deal https://t.co/befYusjDSb
Nationwide has agreed to buy Virgin Money for £2.9bn. https://t.co/NsKEcRIRrQ
Nationwide agrees £2.9bn deal to buy Virgin Money https://t.co/O6qrPAKtrK
Nationwide Building Society agrees to purchase Virgin Money UK for £2.9 billion in a cash deal that is set to reshape Britain’s banking landscape https://t.co/xSBkrOdwfR
Nationwide issues message to people with over £1 in bank account 'from today' https://t.co/oGcFPr47ky
Nationwide members must rise up and stop misguided Virgin Money takeover https://t.co/zDKOSrQcqE
Nationwide Building Society urged to give members ‘a say’ over Virgin Money takeover deal https://t.co/Ez7qM88HWI #nationwide #virginmoney #banking
Nationwide faces mounting calls to give members say on Virgin Money takeover https://t.co/qlwqpIWVtf
Nationwide faces mounting calls to give members a say on Virgin Money takeover https://t.co/OL4QqkaODk