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UK may get 75 percent Lloyds stake in asset deal: source (Reuters)

Started by riky, March 07, 2009, 02:01:55 AM

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riky

UK may get 75 percent Lloyds stake in asset deal: source
    (Reuters)

 



Reuters - Britain will take a stake of up to 75 percent in Lloyds Banking Group  after agreeing to a deal that would cap the bank's losses on about 250 billion pounds ($356 billion) of its risky assets, a person familiar with the matter said on Friday.


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