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Reuters: Lloyds seals all-share deal for HBOS

Started by chris, September 18, 2008, 10:00:26 AM

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chris

Lloyds seals all-share deal for HBOS
      


LONDON (Reuters) - Britain's Lloyds TSB  sealed a 12.2 billion pound ($21.7 billion) deal to buy HBOS Plc  to create a dominant mortgage and savings bank, encouraged by the government amid fears turmoil in financial markets would claim another UK victim.
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