HBOS takeover approved by court

The formation of a UK “super bank” was rubber-stamped today with a court giving its approval for Lloyds TSB’s takeover of HBOS.

HBOS takeover approved by court
Mon, 12 Jan, 2009 - 16:52

The formation of a UK “super bank” was rubber-stamped today with a court giving its approval for Lloyds TSB’s takeover of HBOS.

The Court of Session in Edinburgh gave the green light to the deal after a legal hearing lasting all day.

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