AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Abbey merger decision due Tuesday.(Lloyds TSB Group PLC's proposed acquisition of Abbey National PLC)(Brief Article)
Byline: Nicola Hobday in London
LONDON -- British bank Lloyds TSB Group plc will have an added incentive to sharpen its focus across the English Channel, if the U.K. government blocks its [pound]20 billion ($28.2 billion) bid for rival Abbey National plc as expected.
The problem is, without Abbey, a deal on the continent will be all the more difficult, analysts said.
The U.K. Department of Trade and Industry is expected to rule Tuesday -- assuming the regulatory agency shows its hand as expected 20 working days after the Competition Commission secretly made its recommendation to government regulators.
Analysts said a negative decision on the Lloyds bid isn't definite. But British newspaper reports have speculated that the deal …
-
- Lloyds' $28.2B deal for Abbey killed.(Lloyds TSB Group plc's [pound]20...
-
Newspaper article from: The Daily Deal
July 10, 2001
700+ words
-
- Lloyds TSB Bid for Abbey National Still Up in Air.
-
News wire article from: The Daily Mail (London, England)
December 5, 2000
700+ words
-
- British Bank Lloyds TSB May Boost Bid for Abbey National by UKpound 2 Billion.
-
News wire article from: The Daily Mail (London, England)
December 11, 2000
700+ words
-
- Lloyds TSB May Resort to Hostile Bid for British Mortgage Bank Abbey National.
-
News wire article from: The Daily Mail (London, England)
December 13, 2000
700+ words
-
- Abbey sells car-leasing unit to Lloyds TSB Group.
-
Newspaper article from: The Daily Deal
April 20, 2002
700+ words
