bradford bingley

TPG faces City backlash after shareholders rage at U-turn - The Independent

Angry shareholders railed against Texas Pacific Group yesterday in the wake of its shock decision to pull its £179m investment in Bradford & Bingley. Investors were left fuming after TPG withdrew its offer to buy 23 per cent of B&B after ratings ...

Jeremy Warner's Outlook: Texas Pacific proves a man of straw as ... - The Independent

Believe it or not, there are some positives to be drawn from the debacle that is Bradford & Bingley. One is that despite the lily-livered behaviour of Texas Pacific Group, an alternative recapitalisation on almost exactly the same terms has been ...

Bradford & Bingley timeline: where it all went wrong - Times Online

April 14 : Bradford & Bingley denies reports it will raise funds through a rights issue and reassures investors the bank has a strong capital base. 22 April : B&B chief executive, Steven Crawshaw, reassures investors the bank saw “excellent growth ...

TPG pulls out of Bradford & Bingley plan - Newsday

LONDON - Bradford & Bingley PLC said Friday it is revising its plans to raise new capital after U.S. private equity fund Texas Pacific Group pulled out of an agreement to invest more than $350 million in the British mortgage lender. TPG withdrew ...

PRESS DIGEST - British business - June 28 - Reuters

RESOLUTION BLAMES BOARD AS ITS RESCUE PLAN FOR BRADFORD & BINGLEY COLLAPSES Investors in Bradford & Bingley (BB.L: Quote , Profile , Research , Stock Buzz ) have called for chairman Rod Kent to step down after the collapse of Resolution's 400 million ...

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