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Evening Standard
Evening Standard
Alex Daniel

Coventry Building Society’s £780m Co-op Bank takeover to go through in January

Coventry Coventry Building Society Coop Bank The Cooperative Bank Virgin Money
Co-Op Bank will acquire Sainsbury’s Bank’s mortgage customers (Alamy/PA) -

Coventry Building Society’s £780 million deal to take over the Co-operative Bank will go through in the new year after regulators gave it the green light.

The Co-op Bank will officially become a subsidiary of Coventry Building Society on January 1 2025, the lenders said on Thursday.

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