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Coventry Building Society snaps up Co-op Bank in £780m deal

By Abigail Townsend

Date: Friday 24 May 2024

(Sharecast News) - Co-operative Bank Holdings is being taken over by Coventry Building Society in a £780m deal, it was confirmed on Friday, the latest consolidation in the UK banking sector.
The acquisition, which will create a high street lender with assets of £89bn, will see the private equity-owned Co-op Bank...

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