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At the final hour, Olivant has pulled out of the race for Northern Rock, leaving just two other op...
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Only Two Runners Left In Race To Buy Northern Rock
Sir Richard Branson's Virgin-led consortium and Northern Rock's own management have both made formal offers to take over the troubled mortgage lender.
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Only Two Runners Left In Race To Buy Northern Rock
Sir Richard Branson's Virgin-led consortium has made a formal offer for troubled mortgage lender Northern Rock.Rock's own management are also expected to make a bid to take over the business.
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Only Two Runners Left In Race To Buy Northern Rock
The Government's hopes for a private sector rescue of Northern Rock have suffered a blow after one of the contenders pulled out just hours before the bid deadline.
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Branson's bid for Northern Rock smoothed as Olivant pulls out
One of the bidders for Northern Rock pulled out of the race yesterday, leaving the way apparently clear for Sir Richard Branson
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