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Acquisition company Corum buys Mortgage Direct

Vulture company Corum is buying Mortgage Direct for £15.3m according to the Financial Times.

Corum which specialises in acquisitions, listed itself on the alternative investment market in July in order to create a financial services company.

It will partly fund the acquisition through a placing and an open offer of 2.6m shares at 1.25p each.


FTSE International launches global indices

FTSE International has launched a fresh attack on Dow Jones in its continuing war over global domination of world stockmarket indices.To counteract Dow Jones&#39 launch of its Titans index based on the largest 50 companies in the world earlier this year. FTSE International has responded by launching the FTSE Multinationals and FTSE Global 100 indices.The […]

Bristol & West – Double Guarantee Account (inserted 30/9/99)

Double Guarantee Account (Issue 11)Type: Fixed Rate BondMinimum-maximum investment: £5,000 – No maximumInterest rates: 5.90% gross (monthly income 5.75% gross pa / AER 5.90%) fixed until 6th April 2000.Term: Until 6th April 2000 fixed at 5.90%; from 7th April 2000 variable interest rate guaranteed to be above that of the average of a list of […]

Find directory launches brochure request service

Financial services website is launching an on-line brochure request service linked to its site.The new service allows users of the internet directory to request product brochures directly from a number of different financial services by a simple e-mail request.The service also has several other enhancements including &#34website of the week&#34 featuring sites that are […]

Standard Life Bank launches fixed rate bond

Standard Life Bank is launching a three year guaranteed fixed rate bond offering investors 6.5 per cent gross.The bond will be available from September 27 and will mature in July 27, 2002.The minimum investment is £1,000 and the maximum is £100,000.Interest can be paid either on a monthly or annual basis.Standard Life Bank managing director […]


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