U.K. forces Lloyds, Abbey to make other growth plans
Article Abstract:
Lloyds TSB PLC's planned acquisition of Abbey National PLC has been blocked by competition officials in the United Kingdom, forcing both firms to look elsewhere for expansion. The planned deal was valued at 19 billion pounds (31.56 billion euros).
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Regulators may raise tough hurdle for Lloyds
Article Abstract:
Lloyds TSB's planned bid for Abbey National could face difficult regulatory obstacles in the United Kingdom. Lloyds has made a takeover bid of 19 billion pounds (31.1 billion euros).
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Cases, Antitrust law
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: United Kingdom, Banking industry, Commercial banks, Mergers, acquisitions and divestments, Commercial finance companies, Consumer finance companies, Abbey National PLC, Lloyds TSB Group PLC
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