Lloyds in Exclusive Talks to Buy Tesco's Mortgage Book -Sky News
July 30 2019 - 10:51AM
Dow Jones News
--Lloyds Banking Group PLC (LLOY.LN) has entered exclusive talks
to acquire British retailer Tesco PLC's (TSCO.LN) mortgage book,
according to people familiar with the matter, Sky News reports.
--If finalized, Lloyds would pay "tens of millions of pounds" to
Tesco for the GBP3.7 billion book of home loans, according to Sky
News .
Full story: https://bit.ly/2YfY2m3
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(END) Dow Jones Newswires
July 30, 2019 11:36 ET (15:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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