P207 CEEFAX 207 Thu 16 May 18:11/17
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n1n1 |.% BI MINGHAM TALKS
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Birmingham Midshires Building Society
has confirmed that it approached the
West Bromich BS with a view to a
possible takeover.
If the deal goes ahead 300,000 West
Bromich investors and 39,000 borrowers
would be in line for a windfall payout.
At this week's annual conference of the
Building Societies Association it was
revealed that Birmingham Midshires had
received a "very positive" response..
But it was stressed that no further
talks had taken place as yet.
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