Friday, 1 February 2008

Poll: Shareholders favour Olivant bid

A poll on the NRSSG website has shown that three-quarters of all Northern Rock shareholders support the bid to run the Newcastle-based bank by the Olivant consortium, led by Luqman Arnold. On the NRSSG online poll:
  • No-one supported the bid by the Virgin Money bid led by Richard Branson.
  • 75% of those who voted supported the bid by Olivant.
  • 25% of those who voted supported an in-house bid.
  • No-one supported nationalisation.

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