HBOS has confirmed it is in advanced talks with Lloyds TSB over a possible buyout. If Lloyds were to ...
HBOS has confirmed it is in advanced talks with Lloyds TSB over a possible buyout. If Lloyds were to buy the bank it would create a £30bn company. HBOS shares opened at 200p today but dropped to a low of 88p due to uncertainty in the market over the bank’s financing. It is now trading at 189p, a 4% rise, while Lloyds shares jumped almost 10% as the news emerged. It is now priced 303p per share from its opening level of 290p, having hit a low of 235p today.
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