The UK Government intervenes in a merger in the banking sector (Lloyds / HBOS)

Elliott, Porter

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31 Oct 2008

The UK Government intervenes in a merger in the banking sector (Lloyds / HBOS)

KEYWORDS

Reference

UK Secretary of State for Business, Enterprise and Regulatory Reform, Lloyds / HBOS, 31 October 2008

On 18 September 2008, the Secretary of State for Business, Enterprise and Regulatory Reform issued an intervention notice in respect of the recently announced acquisition of UK banking group HBOS by competitor Lloyds TSB. Lloyds TSB‘s acquisition of HBOS is effectively a rescue plan prompted by falling

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Author

Porter Elliott
Van Bael & Bellis (Brussels)

Belgium 227 contributions 70403 visits

Quotation

Porter Elliott, The UK Government intervenes in a merger in the banking sector (Lloyds / HBOS), 31 October 2008, e-Competitions State intervention, Art. N° 44674

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