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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
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May 26, 2015
07:28 EDTLYGLloyds private equity arm to invest GBP 1.2B in UK businesses, Telegraph says
Lloyds Banking's private equity arm, LDC, will invest GBP 1.2B in "Mittelstand" business in the UK over the next few years, reports the Telegraph, citing Chris Hurley, joint chief executive of LDC. Reference Link

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