Allen & Overy advises Virgin Group on proposed acquisition of Virgin Money by Nationwide Building Society

Virgin and Nationwide have entered into certain arrangements with respect to the licensing of the Virgin Money brand and agreed a period of exclusivity to explore a potential loyalty programme partnership, as further detailed in the offer documentation.

The A&O team was led by London corporate partners David Broadley, co-head of global corporate practice, Jim Ford and Claire Coppel, with support from senior associate, Anthony Bowen and associates Megan McMellon and Helena Marrion.