Nationwide to buy Virgin Money UK in 2.9 billion pound deal

Credit: REUTERS/Toby Melville

Corrects headline and paragraph 1 to clarify that parties have agreed terms of a potential acquisition

March 7 (Reuters) - Britain's Nationwide Building Society NBS.L has agreed to potentially buy lender Virgin Money UK VMUK.L in a deal valued at about 2.9 billion pounds ($3.69 billion), the companies said on Thursday.

($1 = 0.7851 pounds)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sonia Cheema)

((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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