Lloyds Tsb Takeover of Hbos On Track ; Finance Shareholders Give Green Light to Mega-Bank Deal
Birmingham Post › November 20, 2008
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Summary
Lloyds TSB shareholders yesterday backed the proposed takeover of ailing rival HBOS.
The shareholders voted 95.98 per cent in favour of the controversial deal at the Lloyds TSB Group general meeting in Glasgow.See the full content of this document
Extract
Lloyds Tsb Takeover of Hbos On Track ; Finance Shareholders Give Green Light to Mega-Bank Deal
They also backed plans to raise a total of pounds 5.5 billion through the issue of new shares and special preference shares to strengthen Lloyds' balance sheet.
If the merger is given the go-ahead it will create a banking gi...See the full content of this document
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