pikestones Posted July 8, 2008 Share Posted July 8, 2008 http://uk.biz.yahoo.com/080708/214/i2wr6.html The shares have since lifted off their worst levels to around 35p on hopes that Skipton Building Society may launch a bid for the £216m company. In an interview with Financial World magazine some 10 days ago, Skipton boss John Goodfellow said he had considered bidding for B&B, but TPG got there first. dave Quote Link to comment Share on other sites More sharing options...
sambino Posted July 8, 2008 Share Posted July 8, 2008 How the might are fallen, BB used to be much bigger than skipton Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted July 8, 2008 Share Posted July 8, 2008 In an interview, the Chanceller said that B&B would be 'tossed on the skip, err, sold to Skipton!' Quote Link to comment Share on other sites More sharing options...
redgenieuk Posted July 8, 2008 Share Posted July 8, 2008 http://uk.biz.yahoo.com/080708/214/i2wr6.htmlThe shares have since lifted off their worst levels to around 35p on hopes that Skipton Building Society may launch a bid for the £216m company. In an interview with Financial World magazine some 10 days ago, Skipton boss John Goodfellow said he had considered bidding for B&B, but TPG got there first. dave As if. If they want it they will buy it for a pound in a few weeks time. Why on earth would they be interested in letting current shareholders off the hook. The bidding starts when the administrators are called in. Quote Link to comment Share on other sites More sharing options...
redgenieuk Posted July 8, 2008 Share Posted July 8, 2008 Press Report: 17th November 2008By WALOS Skipton Building socitiy is in financial trouble, after swallowing the troubled BTL mortgage lender B&B just two months ago. A spokeman for Skipton said "We thought B&B was a bargin - so so cheap. They were bigger than us and massivly leveraged and now house prices have fallen another 1%, it has wiped us out." Quote Link to comment Share on other sites More sharing options...
Oxfordite Posted July 8, 2008 Share Posted July 8, 2008 http://uk.biz.yahoo.com/080708/214/i2wr6.htmlThe shares have since lifted off their worst levels to around 35p on hopes that Skipton Building Society may launch a bid for the £216m company. In an interview with Financial World magazine some 10 days ago, Skipton boss John Goodfellow said he had considered bidding for B&B, but TPG got there first. dave http://uk.biz.yahoo.com/08072008/325/lende...ed-b-amp-b.html Smaller rival Skipton, a building society, said it had looked at B&B but confirmed on Tuesday that it was no longer interested in making an offer. Quote Link to comment Share on other sites More sharing options...
beans on toast Posted July 8, 2008 Share Posted July 8, 2008 "This third attempt at a rights issue looks like a dog's breakfast... We can only hope that the management of this beleaguered mortgage lender and its advisors have plan B in place," David Buik at Cantor Index said in a morning note. It couldn't happen to a nicer bunch of b@rstards. Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted July 8, 2008 Share Posted July 8, 2008 http://uk.biz.yahoo.com/08072008/325/lende...ed-b-amp-b.htmlSmaller rival Skipton, a building society, said it had looked at B&B but confirmed on Tuesday that it was no longer interested in making an offer. Phew, we have some cash with them. Quote Link to comment Share on other sites More sharing options...
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