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Information on this web site is not intended to be advice. You should consult an IFA or other qualified adviser who will help you to make the best decisions based on your circumstances.

 

 

Alliance & Leicester Shares - Takeover

Banco Santander offered 299p per share for Alliance & Leicester. Some analysts suggestd this is a knock down price and that other potential buyers may soon appear, who may offer a higher price. On announcement of the offer shares jumped by 50%, trading some 35p above the offer price.

 

Santander
graph

With the takeover by Santander, Alliance & Leicester shares can no longer be traded. The Alliance & Leicester share code was AL.L