Lloyds Banking Group buys Embark for £390m

Jackie Leiper to run business

Jenna Brown
clock • 3 min read
Lloyds Banking Group buys Embark for £390m
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Lloyds Banking Group buys Embark for £390m

Platform business Embark and its subsidiary brands have been sold to Lloyds Banking Group for £390m, it has been announced.

The deal, which is subject to regulatory approval, excludes the Rowanmoor SIPP and SSAS administration business, which is being retained by existing shareholders. The deal announced today (29 July)...

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