NBNK’s Latest Bid for Lloyds About 2 Billion Pounds, FT Says
By Trista Kelley -
2012-04-28T08:05:48Z
Lloyds Banking Group Plc (LLOY) received a 2 billion pound ($3.3 billion) bid from NBNK Investments Plc. (NBNK) for some of its branches, which would include cash or new shares for the mortgage lender’s investors, the Financial Times reported, without saying where it got the information.
Lloyd’s spurned NBNK’s 1.5 billion-pound offer to buy the branches last year.
To contact the reporter on this story: Trista Kelley in London at tkelley2@bloomberg.net
To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.