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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
04/29/201603:02:00Finance Watch -- WSJ
04/28/201609:07:23Report of Foreign Issuer (6-k)
04/28/201606:21:13Report of Foreign Issuer (6-k)
04/28/201606:21:13Report of Foreign Issuer (6-k)
04/28/201604:00:00Lloyds Banking First-Quarter Net Profit Falls 44% -- Update
04/28/201603:40:00Lloyds Profit Plunges on Restructuring Charges
04/28/201602:50:00Lloyds Banking 1Q Net Profit Falls 44%
04/12/201613:12:20Report of Foreign Issuer (6-k)
04/04/201612:42:18Report of Foreign Issuer (6-k)
03/24/201611:20:05Report of Foreign Issuer (6-k)
03/24/201611:12:11Report of Foreign Issuer (6-k)
03/24/201611:07:16Securities Registration (section 12(b)) (8-a12b)
03/24/201611:03:46Report of Foreign Issuer (6-k)
03/18/201613:12:54Report of Foreign Issuer (6-k)
03/18/201613:06:46Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/17/201616:56:38Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/17/201611:04:04Report of Foreign Issuer (6-k)
03/17/201609:01:21Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/15/201604:04:00Accesso Technology Renews Loan and Gets $35 Million From Lloyds...
03/11/201614:12:07Report of Foreign Issuer (6-k)

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