Shares in B&B Dive On Fears for Its Future ; Banking
Evening Standard - London › July 04, 2008
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Summary
SHARES in Bradford & Bingley plunged 11% today as the City balked at a new bailout cooked up after a US private equity house turned its back on the troubled bank.
Texas Pacific Group abandoned at the last minute plans to inject [pounds]179 million into the mortgage lender as part of a [pounds]400 million fundraising deal.See the full content of this document
Extract
Shares in B&B Dive On Fears for Its Future ; Banking
This forced B& B to fall back on its current shareholders to raise the extra cash through an enlarged rights issue at 55p a share.
B& B's...See the full content of this document
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