Nationwide has completed its takeover of Virgin Money, the MoneySavingExpert.com team has warned customers, after the deal was first announced earlier this year

The deal saw Nationwide offer a 38 per cent premium to Virgin Money's closing price on 6 March, the day before it was revealed. Here is what will change now that the takeover of V

Nationwide Building Society’s £2.9bn takeover of Virgin Money is expected to go through this week after the deal was approved by a judge. Lawyers for the lenders secured the sanctioning of the deal at a specialist companies court in London on Friday and the deal is expected to become effective on October 1.

Advice has been issued by Money Saving Expert after takeover was sanctioned as people with savings wonder about their accounts

The two brands will continue to exist on UK high streets for between four and six years, before Virgin Money is fully absorbed by Nationwide and customers are switched over

Nationwide completes takeover of Virgin Money in major bank tie-up - Virgin Money’s shares have been cancelled from trading on the London Stock Exchange following the acquisition.

Nationwide has completed its £2.9bn takeover of Virgin Money in the UK's biggest banking merger since the financial crisis amid increasing consolidation among mid-sized lenders.