Deal overview

Deal overview
Target TESCO PERSONAL FINANCE PLC (MORTGAGE PORTFOLIO)
Bidder LLOYDS BANKING GROUP PLC
Price £50.00 Full version or £25.00 Light version
Publication Date Sep 03, 2019
Abstract On 3 September 2019, Lloyds Banking Group plc ("Lloyds") announced that its Halifax division had entered into an agreement with Tesco Personal Finance plc ("Tesco Bank") to acquire Tesco Bank's prime £3.7 billion UK residential mortgage portfolio. The purchase price would be £3.8 billion. The beneficial ownership of the portfolio was expected to transfer at the end of ...
Number of pages (Full version) 5
Number of pages (Light version) 2
Format Adobe Acrobat (Download Acrobat Reader)
Free Sample Click Here to Download

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