Nationwide's £2.9 billion acquisition of rival Virgin Money has been finalised. The deal was given the green light by a judge on September 27, with lawyers for both lenders securing approval at a specialist companies court in London.

Customers who have savings with Nationwide and Virgin Money have been updated on how they will be affected by a deal between the two groups. Nationwide has completed a takeover of Virgin Money, bringing them together.

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 Building Society confirmed it has completed its controversial takeover of Virgin Money. Britain's largest building society informed members by email today that it has now completed the acquisition of Virgin Money. Nationwide announced it had agreed a £2.9billion deal to take over Virgin Money in March.

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Nationwide has completed its £2.9bn takeover of Virgin Money in the UK's biggest banking merger since the financial crisis.

Nationwide has completed its £2.9bn takeover of Virgin Money, bringing together two of Britain’s largest banking groups.

Nationwide has sealed the £2.9bn acquisition of Virgin Money, which creates the country’s second-largest mortgage lender. The mutual has formally completed the cash purchase of the high street bank, which will see Virgin Money’s listing removed from the stock market today.

Nationwide Building Society’s £2.9bn takeover of Virgin Money is expected to go through next week after the deal was approved by a judge.