NBNK Investments Plc (NBNK) plans to re- enter the competition to acquire more than 600 Lloyds Banking Group Plc (LLOY) branches, the Sunday Times reported, citing unidentified people.
Co-Operative Bank Plc’s exclusivity in negotiating with Lloyds to buy the branches expired yesterday, the newspaper reported. The talks with Co-Op have also been faltering, the Sunday Times said.
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