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Stock Market & Financial Investment News

News Breaks
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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May 15, 2015
10:25 EDTLYGBritain could extend trading plan to sell more Lloyds shares, Reuters reports
According to sources, Britain may extend a trading plan to sell more shares in Lloyds beyond the current June deadline, Reuters reports. The British government's stake now stands at 19.9%, down from 24.9%, through the plan, and the sources say an extension could help the government return Lloyds fully to private ownership within the next year. Reference Link
May 12, 2015
18:18 EDTLYGU.K. cuts stake in Lloyds to sub-20%, BBC says
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