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UK to take 75 percent Lloyds stake in asset deal: report (Reuters)

Started by riky, March 07, 2009, 12:01:51 AM

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riky

UK to take 75 percent Lloyds stake in asset deal: report
    (Reuters)

 



Reuters - Britain will take a stake of up to 75 percent in Lloyds Banking Group  after agreeing a deal to cap the bank's losses on about 250 billion pounds ($352 billion) of its risky assets, the Wall Street Journal reported on Friday.


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