The terms of Lloyds TSB’s takeover for Halifax owner, HBOS, have been revised. HBOS shareholders will now receive 0.605 shares for each HBOS share they own, revised from the original offer last month of 0.833. The news comes as the Government announces a £37 billion rescue plan, which will see £20 billion injected into RBS (RBS) [...]
Lloyds revises HBOS takeover offer
