Search the Community
Showing results for tags 'nbnk'.
Lloyds Banking has agreed terms to sell 630 of its branches to the Co-operative Group resulting in rival bidder NBNK Investments announcing plans to close. The pair have agreed on the commercial terms of the transaction and are now proceeding in exclusive talks for the sale of the Project Verde business. In an announcement on the London Stock Exchange yesterday, Lloyds announced it has ended talks with rival bidder NBNK, which will now be wound up. In a statement NBNK Investments said there were no other UK banking assets available which would meet the company’s objective and has begun to