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AL. Alliance & Leic

234.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alliance & Leic LSE:AL. London Ordinary Share GB0000386143 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 234.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Alliance & Leicester Share Discussion Threads

Showing 3501 to 3524 of 3775 messages
Chat Pages: 151  150  149  148  147  146  145  144  143  142  141  140  Older
DateSubjectAuthorDiscuss
14/7/2008
21:30
why is the price 335 when the takeove rorice is 319?
stallone10
14/7/2008
21:22
E



OR.

9999donkey
14/7/2008
21:22
E.


OOOOOOOOOOOOOOOOOOOOOOR!

9999donkey
14/7/2008
21:21
I am a bit surprised that just over 10% of the shares changed hands despite the news and the rise...
diku
14/7/2008
21:00
what a bloody rip off this is.
For the price of a few oranges from Spain they buy a UK bank.
Sack the directors.
shareholders have always got shafted in UK

psps
14/7/2008
20:58
well they wont stick around now, the only bank with some real future value has been stolen, well done to those who bought below £3, (cant be many) commiserations to all the poor sods who now have no chance of getting their original investment back.
csmwssk1
14/7/2008
20:26
LONDON (Thomson Financial) - Shares in Alliance & Leicester Plc. surged on Monday ................

The deal is subject to the approval of 75 percent of Alliance & Leicester
shareholders. Santander is being advised by Merrill Lynch, while A&L has hired
JPMorgan Cazenove, Morgan Stanley and Rothschild.

anglia
14/7/2008
20:08
£3.17 is way too low. A quarter of it's peak price.

The fact that the share price is above this suggests that the City thinks that its too low as well.

Th A&L board have panicked in my view.

jimrclark
14/7/2008
20:07
Shareholders can always reject the offer. But institutions paying up for HBOS and BB. might welcome some extra cash.
sbs
14/7/2008
20:00
well the management didn't even put the 1200p offer to the shareholders over a year ago...instead they made the mind up for them...now they have also made the mind up for a much lower price...now that is a democratic world!!!...
diku
14/7/2008
19:55
Am I missing something ! Surely the A & L shareholders will need to vote and accept this very silly proposal. It seems incredible that an offer of 299 pence per share would be accepted.
selborne_edge
14/7/2008
19:49
So the Kondratieff winter claims another victim.
labradortrough
14/7/2008
19:22
if it's given away to the first person that comes along...that would come across as a desperate seller...strange how news have not been leaked over the w/end...I think the deal was probably arranged late last night in conjuction with the FSA hand...
diku
14/7/2008
19:02
317p a share is way too cheap! Reject the offer I say and get a bidding war going.
crazi
14/7/2008
19:02
317p a share is way too cheap!
crazi
14/7/2008
18:11
zipper - imo a bid for B&B at a share price of 100p so the big institution make nearly 100% profit on backing B&B's RI @ 55p.

I only wish the FSA would let us small share holders know what's going on. We take all the loses so the big boys can benefit.

loganair
14/7/2008
18:07
banks have had their arms twisted to support BB. this never works!
unless banks have been promised a 'sweetner'

zipper
14/7/2008
18:04
The £1.26bn takeover of Alliance & Leicester by Spanish giant Santander will delight many in the City - none more so than Hector Sants. This is just the sort of deal the chief executive of the Financial Services Authority wants to see as British banks struggle through the credit crunch, even if it looks like a fire-sale price.

Having watched Northern Rock collapse and Royal Bank of Scotland HBOS and Bradford & Bingley turn to shareholders for funds, Sants and others at the City watchdog have been desperate to avert another disaster. The FSA was given a kicking for allowing the Northern Rock debacle to take place at all.

Not only did A&L shares jump on the news, but so too did those in Bradford & Bingley, pushing them up towards the 55p its £400m rights issue is priced at. One analyst last week claimed B&B shares were 'worthless'. There is growing hope now that this is not the case.

loganair
14/7/2008
17:30
'At the very least, there should be a process of inviting interested parties to make bids, not just roll over and give it all to the first person who makes an offer.'
========================================================



anyone could bid - they don't need to be invited!
if no other bids - no-one else wants it

zipper
14/7/2008
17:23
If this deal is allowed to go through when there has been no invitation to bid - just a cosey chat amoungst the directors then there is no UK comoany that is safe from being given away.

At the very least, there should be a process of inviting interested parties to make bids, not just roll over and give it all to the first person who makes an offer.

I genuinly fear this is just another example of UK assets being stripped out to off-shore based interestes - we already have no UK owned energy suppliers and will soon see another chunk of our financial sector be non-uk owned - this is not a good position for any country to be in - we are effectively being taken over without the bloodshed of a traditonal war (maybe just as well as we have preciouse little militry with which to fight a war in any case)

The sooner Brown and his jock mates are out of No10 the better off this country and all of us will be.

gregory0106
14/7/2008
17:06
Standard Life Investments (SLI) has expressed its disapproval of Banco Santander's agreed £1.3 billion bid for A&L as shareholder opposition to the deal mounts.

SLI, which has a 2.35% interest in the mortgage lender, said the price, which it described as a 'giveaway' bid, was too low and it would not be surprised a rival bank stepped in with an improved offer.

SLI head of UK equities, David Cumming, said: 'This is a gorgeous deal for Banco Santander. They are acquiring Alliance & Leicester on giveaway terms.'

Standard Life's comments follow those from fellow A&L shareholder James Henderson, a fund manager at Henderson Global Investors, who said the deal did not take into account A&L's market position, the company's name, or future earnings considerations.

loganair
14/7/2008
17:00
but having said that, makes other banks more solid such as LLOY
turbotrader2
14/7/2008
17:00
shocking is this!!!
turbotrader2
14/7/2008
16:49
Dope007 - Just to let you know, when I did have a mortgage it was always my priority to pay it off as quickly as I could rather than to spend, spend, spend and therefore paid off my 25 years mortgage in only 10 years.
loganair
Chat Pages: 151  150  149  148  147  146  145  144  143  142  141  140  Older

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