Lloyds sells Scottish Widows asset group for £660mn

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Last updated: 28 August, 2014

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Lloyds sells Scottish Widows asset group for £660mn (via AFP)

Britain’s state-rescued Lloyds Banking Group has agreed to sell its asset management business Scottish Widows Investment Partnership Group to Aberdeen Asset Management for up to £660 million, it said on Monday. The sale, worth the equivalent of $1.…

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