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NBNK Plans to Renew Bid for Lloyds Branches, Sunday Times Says

NBNK Investments Plc plans to re-enter the competition to acquire more than 600 Lloyds Banking Group Plc branches, the Sunday Times reported, citing unidentified people.

Co-Operative Bank Plc’s exclusivity in negotiating with Lloyds to buy the branches expired yesterday, the newspaper reported. The talks with Co-Op have also been faltering, the Sunday Times said.

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