High Court, FSA and Bank of Spain approve Santander/A&L deal

Tracey Scott
The High Court of Justice, the FSA and the Bank of Spain have given Banco Santander the green light to takeover fallen bank Alliance & Leicester.

According to a statement released today the acquisition, which had already been accepted by A&L shareholders on September 16 during a meeting with the High Court, has sealed the approval from the three parties.

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