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BRIEF-Lloyds Banking notes possible offer for TSB Banking from Spain's Sabadell
March 12, 2015 / 11:22 AM / 3 years ago

BRIEF-Lloyds Banking notes possible offer for TSB Banking from Spain's Sabadell

March 12 (Reuters) - Lloyds Banking Group Plc :

* Possible offer for TSB Banking Group Plc

* Group also notes that board of TSB Banking Group Plc would be willing to recommend an offer at this price

* Group is in discussion with Banco de Sabadell, S.A. regarding terms of an irrevocable agreement

* Group would be minded to accept an offer at 340 pence per share price if it is made Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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