FirstRand outlines impact of proposed acquisition of Aldermore

Writer, Stock Market Wire
Wednesday, November 15, 2017 - 14:11

FirstRand has confirmed that, if the Scheme in respect of the proposed acquisition on Aldermore becomes effective, the impact on FirstRand Bank's CET1 ratio is currently estimated to be a reduction of between approximately 90 and 130 basis points.

At 2:11pm:

(LON:ALD) Aldermore Group PLC share price was +0.4p at 309.9p