UK watchdog probes NSF’s hostile $1.6 billion bid for rival Provident

May 29 (Reuters) – British doorstep lender Non-Standard Finance (NSF) faced a fresh hurdle in its hostile 1.3 billion pound (.6 billion)bid for rival Provident Financial on Wednesday as the UK.

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Competition Watchdog Probes 1.3B Subprime Lender Merger. ($1.64 billion) hostile takeover of rival Provident Financial, citing concerns that jettisoning parts of its business could still.

By Noor Zainab Hussain (Reuters) – British doorstep lender Non-Standard Finance (NSF) faced a fresh hurdle in its hostile 1.3 billion pound bid for rival Provident Financial on Wednesday as the UK competition watchdog raised questions over the proposed deal.

UK watchdog probes NSF’s hostile .6 billion bid for rival Provident (Reuters) – British doorstep lender Non-Standard Finance (NSF) faced a fresh hurdle in its hostile 1.3 billion pound ($1.6 billion)bid for rival Provident Financial on Wednesday as the UK competition watchdog raised questions over the proposed deal.

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May 29 (Reuters) – British doorstep lender Non-Standard Finance (NSF) faced a fresh hurdle in its hostile 1.3 billion pound ($1.6 billion)bid for rival Provident Financial on Wednesday as the UK competition watchdog raised questions over the proposed deal. The Competition and Markets Authority (CMA.

UK: Watchdog to examine NSF’s hostile bid for Provident Financial. (US$1.6 billion) takeover of rival Provident Financial would result in a substantial decrease in competition. The Competition and Markets Authority (CMA) had stated in February that the two doorstep lenders would have to.

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(Reuters) – British doorstep lender Non-Standard Finance (NSF) faced a fresh hurdle in its hostile 1.3 billion pound ($1.6 billion)bid for rival Provident Financial on Wednesday as the UK competition watchdog raised questions over the proposed deal. The Competition and Markets Authority (CMA) said it was considering whether a merger of the two would result [.]

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UK watchdog probes NSF’s hostile $1.6 billion bid for rival Provident. faced a fresh hurdle in its hostile 1.3 billion pound ($1.6 billion)bid for rival Provident Financial on Wednesday as the.

Provident Financial plc is a United Kingdom-based non-standard lender.. UK watchdog probes NSF’s hostile $1.6 billion bid for rival Provident.. UPDATE 2-UK watchdog probes NSF’s hostile $1.6.