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Stock Market & Financial Investment News

News Breaks
February 11, 2013
08:07 EDTLYGLloyds deal to sell Verde branches in jeopardy, Daily Mail says
Lloyds' (LYG) agreement to sell its "Verde" group, including 632 branches, to Co-operative Group remains its "Plan A" but is taking much longer than expected and has been hampered by issues with the Co-opís IT systems, according to The Daily Mail. Lloyds may have already sounded out alternative buyers and its most likely back-up plan for the assets remains a market flotation should the Co-op deal fall through, the report added. Reference Link
News For LYG From The Last 14 Days
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February 5, 2016
10:10 EDTLYGU.K. appoints Barclays to run sale of remaining Lloyds stake, Bloomberg says
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January 28, 2016
08:25 EDTLYGOsborne says Lloyds Banking stake to be sold when markets have 'calmed'
On his official Twitter account, Chancellor of the Exchequer George Osborne stated: "We'll build a share owning democracy. So British people can buy Lloyds shares but we'll only sell when turbulent markets have calmed down" Reference Link

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