Slaughter and May is advising Virgin Group in relation to the offer made by CYBG plc to acquire Virgin Money Holdings (UK) plc

Slaughter and May is advising Virgin Group in relation to the offer made by CYBG plc to acquire Virgin Money Holdings (UK) plc. Virgin Group holds approximately 34.8 per cent. of Virgin Money.  Virgin Group has entered into an agreement with CYBG in relation to the use of the Virgin brand by the enlarged CYBG/Virgin group after, and conditional upon, completion of the offer.