News and Press
| Date: | 3rd November 2009 |
| Title: | Fenchurch advises Barclays on the acquisition of Standard Life Bank |
| Author: | - |
| Download: | pdf version |
Fenchurch advises Barclays on the acquisition
of Standard Life Bank
For Immediate Release
Fenchurch Advisory Partners is pleased to announce that it is
advising Barclays on its £226 million acquisition of Standard Life Bank
plc, which principally comprises a mortgage portfolio of £8.8 billion
and customer deposits of £5.5 billion.
This is the fourth significant transaction in the last five months where
Fenchurch has been sole or joint financial adviser. The transactions and
Fenchurch’s roles are:
 |
Advising Barclays on the £226 million acquisition of Standard Life Bank (October 2009); |
|
Advising Langholm Capital on the sale of its majority shareholding in Just Retirement, in a takeover valuing the company at £230 million (September 2009); |
|
Advising Insight’s senior management on BNY Mellon’s £235 million acquisition of the business from Lloyds Banking Group (August 2009); and |
|
Advising Sun Life Financial on the £195 million acquisition of Lincoln National’s UK business, the latest closed life book transaction in the UK (June 2009). |
www.fenchurchadvisory.com
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