Private equity firms poised for TSB buyout

Private equity firms are reportedly circling TSB Bank as owner Lloyds Banking Group primes it for a stock market flotation next year.

Private equity firms poised for TSB buyout

Private equity firms are reportedly circling TSB Bank as owner Lloyds Banking Group primes it for a stock market flotation next year.

The part-nationalised lender has received a number of approaches from buyout firms including US-based group JC Flowers, the Sunday Telegraph reported.

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