Deal overview
| Target | TESCO PERSONAL FINANCE PLC (MORTGAGE PORTFOLIO) |
|---|---|
| Bidder | LLOYDS BANKING GROUP PLC |
| Price | £0.00 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) | 0 |
| Number of pages (Light version) | 2 |
| Format | Adobe Acrobat (Download Acrobat Reader) |
| Free Sample | Click Here to Download |
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