In British bank fight, HBOS could launch own bid for Abbey

Article Abstract:

Britain's fourth-largest bank, HBOS PLC, is considering making a bid to purchase Abbey National PLC and is inquiring about international financing that might make such a move possible. HBOS's plans have surfaced as Spain's Banco Santander Central Hispano S.A. prepares to make a formal bid for Abbey National. The possibility of a merger between HBOS and Abbey National is causing waves through Britain's banking community as such a deal would give the combined company 34% of the U.K. mortgage market and control over a third of all savings accounts.

Commercial Banks, Forecasts, trends, outlooks, Financial management, Market share, Spain, Finance, Forecasts and trends, Bank mergers, Abbey National PLC, Market trend/market analysis, Company market share, Company financing, Banco Santander Central Hispano S.A.

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BHP Billiton lines up funds to pursue Australia's WMC

Article Abstract:

BHP Billiton Ltd. of Australia, one of the world's largest mining companies has $6.5 billion in financing lined up to acquire WMC Resources Ltd. It is likely BHP Billiton Ltd. will sell WMC Resources Ltd.'s fertilizer operations in Queensland, Australia.

Securities issued, listed, Mining & Extractive Industries, Mining, All Other Metal Ore Mining, METAL MINING, Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum), Primary metal products, not elsewhere classified, Ferroalloy Ores, Specialty Metals & Composites, Chemical & Fertilizer Minerals, Other Nonmetallic Mineral Mining and Quarrying, Mining industry, Securities, Company securities, Mineral industry, Specialty metals industry, BHP Billiton Ltd., WMC Resources Ltd., WMR

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HBOS launches bid for Bank West

Article Abstract:

HBOS PLC has made an unexpected acquisition bid for Bank of Western Australia Ltd. HBOS has offered to buy the 43% of Bank of Western Australia that it does not already own for 1.03 billion Australian dollars (578.3 million euros).

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banks (Finance), Bank of Western Australia Ltd.

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