FOXBusiness.com: Co-op Capital Hole Threatens Lloyds Deal - FT

FOXBusiness.com FOX Business Network - The Power to Prosper

Co-op Capital Hole Threatens Lloyds Deal - FT Feb 27th 2013, 01:09 The Co-operative Bank PLC's (CPBB.LN) aim to acquire more than 600 Lloyds Banking Group PLC (LYG) branches is under threat as the Co-op faces a capital hole of up to 1 billion pounds ($1.5 billion), equivalent to half its capital, the Financial Times reported on its website Tuesday, citing unnamed people close to the issue.

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