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Old 07-05-2010, 10:37 PM
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Post Lloyds agrees private equity unit sale

Lloyds Banking Group, which is 41% owned by the taxpayer, has announced it has agreed to sell its private equity unit to buyout firm Coller Capital in a deal worth £332 million.The deal will see 40 private equity investments transferred to a newly-established partnership – 70% and 30% owned by Coller and Lloyds respectively.The investments [...]

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