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Deals Rumor Mill: Lloyds, Meritech, EFG Hermes

By Chelsea Naso (June 19, 2014, 2:41 PM EDT) -- Lloyds Banking Group may ditch a 35 percent stake in TSB Bank PLC on Friday when it spins off and lists the new bank, sources told Reuters on Thursday. Lloyds is still making up its mind whether or not to sell the stake, but has signaled to investors it may take an option to "upsize" the stake, the report said. Lloyds is being forced to sell TBS by European regulators....

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