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Stock Market & Financial Investment News

News Breaks
May 23, 2014
07:56 EDTLYGLloyds to initiate sale of 25% in TSB stake below book value, Reuters says
Lloyds Banking will initiate the sale of 25% of its TSB division next week via a stock market flotation with the pricing foreseen to be below book value, according to Reuters, citing banking industry sources. 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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