Virgin Money set for £2bn stock market float - Richard Bransons Virgin Money, the challenger bank that emerged from the remains of Northern Rock, is set list on the stock market. The flotation is expected value the business at around 2bn and will allow it to raise around 150mln. A total of 50mln of that sum will be used to pay the Treasury what it owes from the Northern Rock purchase, while the remainder will fund growth plans. It is expected employees will receive ... ow.ly/2OvPFH
Posted on: Thu, 02 Oct 2014 08:24:02 +0000
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