Lloyds’ Australian Asset Sale Attracts Four Bidders

News: London-based Lloyds Banking Group ' s disposal of its assets in Australia as attracted at least four buyers in final binding offers, according to unnamed source cited by Bloomberg. Sources claimed that partly state-owned Lloyds had pulled in binding offers from institutions including Westpac , Macquarie Group , Pepper Australia and Australia and New Zealand Banking Group . Lloyds is looking to offload almost AUD9bn (US$8.43bn) in assets in the country, with bids due by the end of September 2013.

Lloyds’ Australian Asset Sale Attracts Four Bidders

News: London-based Lloyds Banking Group ' s disposal of its assets in Australia as attracted at least four buyers in final binding offers, according to unnamed source cited by Bloomberg. Sources claimed that partly state-owned Lloyds had pulled in binding offers from institutions including Westpac , Macquarie Group , Pepper Australia and Australia and New Zealand Banking Group . Lloyds is looking to offload almost AUD9bn (US$8.43bn) in assets in the country, with bids due by the end of September 2013.

×

Enter your details to read the full article

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

×

REQUEST A DEMO

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

Thank you for your interest

A member of the team will be in touch shortly to arrange a convenient time for your free demonstration and trial. If your enquiry is urgent, please email our Client Services team here.