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Co-op Nears Cut-Price Lloyds Deal

Co-operative Group Ltd. is near an agreement with Lloyds Banking Group PLC (LYG) on the final terms of a deal to buy some 630 branches, the Financial Times reported on its website Thursday, citing people close to the process. The deal could come at a sharp discount to the GBP1.5 billion previously estimated, but Lloyds could get extra payments if the business performs well over a period of years, the FT reported the people as saying. If these pay out in full, LLoyds could get close to GBP1 billion for the branches, the FT said. The Co-op's board plans to meet early next week to decide, the FT reported. Full story: http://www.ft.com/intl/cms/s/0/e206edd8-cb5b-11e1-b896-00144feabdc0.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct#axzz204p8ObGz

Stock News for Lloyds Tsb (LYG)
DateTimeHeadline
02/02/201612:52:37Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/29/201613:04:53Report of Foreign Issuer (6-k)
01/29/201610:31:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/29/201609:54:00Lloyds Banking Group PLC Tender Offer on Certain ECNs
01/29/201609:06:00Lloyds Banking Group PLC Tender Offer on Certain Euro & Sterling...
01/28/201618:24:00ADRs End Mixed; Royal Dutch Shell, Total Rise
01/28/201608:32:00U.K. Delays Sale of Shares in Lloyds -- Update
01/28/201607:40:00U.K. Delays Sale of Shares in Lloyds
01/28/201607:29:00U.K. Delays Sale of Shares in Lloyds on Market Turmoil
01/28/201606:23:00Correction to British Regulators Story
01/28/201606:05:00British Regulators to Probe Former HBOS Senior Managers
01/22/201613:32:34Securities Registration (section 12(b)) (8-a12b)
01/22/201613:24:38Report of Foreign Issuer (6-k)
01/21/201614:42:04(25-NSE)
01/21/201608:36:39Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/20/201606:01:46Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
01/19/201608:46:44Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/14/201616:41:17Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/13/201607:41:12Report of Foreign Issuer (6-k)
01/12/201616:39:31Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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