Summary
LLOYDS Banking Group has drawn up a shortlist of five bidders for the part of its Insight fund management arm that looks after Pounds 70 billion of assets for third parties ranging from pension funds to Marks & Spencer and energy giant Eon.
The sale of Insight, which Lloyds took on when it bought HBOS and which overlaps with its Scottish Widows business, is being organised by the corporate finance team at Deutsche Bank.See the full content of this document
Extract
Five on shortlist for Insight
Financial Mail understands that the shortlist is dominat...
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