Wednesday, September 17, 2008

Lloyds to Rescue HBOS?

HBOS in merger talks with Lloyds

Lloyds TSB is is in advanced merger talks with HBOS to create a giant UK super retail bank, the BBC has learned. Under the deal, the valuation of HBOS shares would be closer to its closing price last week of 300 pence rather than its current level of around 100p.

Posted by crashwatcher @ 09:28 AM (504 views)
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