Posts Tagged ‘A&L’

Bid for Alliance & Leicester March 1st, 2008

The share price of Alliance & Leicester has headed north amid speculation that the mortgage lender will be the subject of a takeover. Lloyds TSB, who’s own recent results proved that playing it steady pays off, is mooted as a front runner.  Lloyds stated that it was on the lookout for buying opportunities as the recent credit crunch bites.

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  • Selection from Glossary

    • Flotation
      Flotation is the process where a private limited company or nationalised industry becomes a public limited company and whose shares are subsequently traded on the Stock Exchange.