Lloyds Banking Group believes it might have to sell assets in order to win European Commission approval for aid from the UK government.
Investors looking to take part in a £4bn placing and open offer of Lloyds shares were on Wednesday given an outline of the concessions that might be offered to Brussels in a state aid approval request being drawn up by the Treasury with input from the bank.
Published: May 20 2009 12:18 Last updated: May 20 2009 14:09
Wednesday, May 20, 2009
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