U.K. Government Sells $987 Million More Shares in Lloyds

Updated on

Lloyds First-Half Net Loss Misses Estimates on PPI Compensation

Chris Ratcliffe/Bloomberg

The U.K. government sold about 634 million pounds ($987 million) of shares in Lloyds Banking Group Plc, cutting its stake to less than 20 percent a week after elections.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.