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Stock Market & Financial Investment News

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May 9, 2012
12:09 EDTLYGLloyds may ask European Commission for more time to shed branches, Reuters says
Lloyds (LYG) may ask for more time from the European Commission to shed about 630 branches, as regulatory hurdles have hindered their sale, Reuters reports. An extension of the November 2013 deadline would allow Lloyds more time to prepare an IPO for the branches if it cannot sell them. Reference Link
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