Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Lloyds Banking Group    LLOY   GB0008706128

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Lloyds Banking Group PLC : Lloyds Banking Sells Operations in Uruguay for Undisclosed Sum

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/07/2012 | 04:21pm CEST

LONDON--Lloyds Banking Group PLC (LLOY.LN), which is 41% owned by the U.K. Government, said Friday it is selling its Uruguayan retail, commercial and corporate banking operations, which currently operate as a branch of Lloyds TSB Bank PLC, to Banque Heritage (Uruguay) S.A. for an undisclosed sum.

MAIN FACTS:

-Total assets subject to the transaction total 261 million pounds as of Dec. 31, 2011.

-Group's representative office in Uruguay is not included within this transaction.

-Transaction is in line with the Group's strategy of reducing its international presence and the effect of the sale on the Group isn't expected to be material.

-Transaction is subject to a number of conditions, including regulatory approval, and is expected to complete in 2013.

-Shares at 1400 GMT up 1 pence, or 2.02%, at 37 pence valuing the company at GBP25.46 billion.

-Write to Ian Walker at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LLOYDS BANKING GROUP
06/26 LLOYDS BANKING : Bank-Business confidence rebounds since EU Referendum vote
06/25 LLOYDS BANKING : From banks to utility providers, firms are doing their best to ..
06/24 LLOYDS BANKING : Trustees seek US funds guarantee over Co-op Bank pension scheme
06/24 LLOYDS BANKING : Harry Potter turns 20
06/23 LLOYDS BANKING : Bank of England financial crisis liquidity auctions cleared by ..
06/23 LLOYDS BANKING : Bank of Scotland-OIL & GAS SECTOR CAUTIOUSLY OPTIMISTIC AND STA..
06/23 LLOYDS BANKING : Indicative results of non US tender offer
06/22 LLOYDS BANKING : Stockdale deal shows Harry can draw stars
06/22 LLOYDS BANKING : Martin backs Harry to help Blues return to the Prem
06/22 LLOYDS BANKING : Harrington park concert
More news
Sector news : Banks - NEC
03:01a Toshiba says chip unit pact delayed as talks with preferred bidder ongoing
06/27 DEUTSCHE BANK : said to lose as much as $60 million over derivative trade - Bloo..
06/27 RBC to pay $16.5 million to clients in regulatory settlement
06/27 ALLIED IRISH BANKS : Shares in Allied Irish open above IPO price in market debut
06/27 BARCLAYS : Time Inc, Barclays to launch Fortune 500 stock indices
More sector news : Banks - NEC
News from SeekingAlpha
06/27 WALL STREET BREAKFAST : Google Hit With Record EU Fine
06/27 BoE raises capital requirements
06/22 Are Financial Stocks About To Reward Patient Turnaround Investors?
06/16 LLOYDS : Softer Brexit And Hawkish Bank Of England
05/18 U.K. Government Exits Lloyds Banking Group, Stock Remains A Buy
Advertisement
Financials ( GBP)
Sales 2017 17 870 M
EBIT 2017 8 643 M
Net income 2017 3 878 M
Debt 2017 -
Yield 2017 5,98%
P/E ratio 2017 12,22
P/E ratio 2018 10,56
Capi. / Sales 2017 2,67x
Capi. / Sales 2018 2,63x
Capitalization 47 720 M
More Financials
Chart LLOYDS BANKING GROUP
Duration : Period :
Lloyds Banking Group Technical Analysis Chart | LLOY | GB0008706128 | 4-Traders
Full-screen chart
Technical analysis trends LLOYDS BANKING GROUP
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 0,74  GBP
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
António Horta-Osório Group Chief Executive Officer & Executive Director
Norman Roy Blackwell Chairman
Karin Cook Director-Group Operations
George Mark Culmer Chief Financial Officer & Executive Director
Anita Margaret Frew Deputy Chairman
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
LLOYDS BANKING GROUP6.73%60 841
JP MORGAN CHASE & COMP..2.04%308 597
WELLS FARGO-3.54%262 109
INDUSTRIAL AND COMMRCL..15.87%260 628
BANK OF AMERICA5.29%227 102
CHINA CONSTRUCTION BAN..15.99%212 644
More Results