Complex sentence: On 1 February 2011, and following a substantial capital investment by J.C. Flowers & Co., Kent Reliance Building Society was transferred to a new financial entity, OneSavings Bank: the transfer was approved by the members of the society in November 2010.
Split into simpler sentences: On 1 February 2011, and following a substantial capital investment by J.C. Flowers & Co., Kent Reliance Building Society was transferred to a new financial entity, OneSavings Bank. The transfer was approved by the members of the society in November 2010.