Thursday Papers: Lloyds bond exchange offer raised to £9 billion - bid news and gossip

* Lloyds bond exchange offer raised to £9 billion due to strong investor demand * Paulson & Co raises stake in Cadbury to 2.8% from 2.1%

* British Airways and Iberia move closer to landing a merger deal

* Scottish & Southern Energy confirms interest in EDF UK assets

* 3i Group looks to Asia as land of golden opportunity

* Aero Inventory calls in administrators

* Allied Irish Banks sells branches to raise funds

* Dragon Oil investors reject bid from Emirates National Oil

* Fifty, the casino group, to seek administration after failed sale attempts

* Coal of Africa now has a 15% stake in Strategic Natural Resources

* Greggs looks at Threshers stores to drive expansion