Corporate finance business events: Sales

One of the main topics of corporate finance business events this year is likely to be the privatisation of state-owned lender Northern Rock.

And corporate finance advisors have been given a fortnight by UK Financial Investments to tender for work, after the sale of the group becomes more likely.

Northern Rock was nationalised three years ago at the height of the credit crunch, and since then the government has prepared for privatisation.

Options for Northern Rock include relisting the business, or re-mutualising the lender for it to become a building society again.

Yet experts believe a private sale is considered to be on the cards.

Investment banks likely to bid for the work include Goldman Sachs. The firm is a lead contender having advised the Treasury on Northern Rock in 2008.

Marcus Evans presents corporate finance business events, created by experienced professionals and with information presented by industry experts.