NBNK turns to Gulf SWFs to bolster Lloyds bid

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Monday 30, April 2012 by Isla MacFarlane

NBNK turns to Gulf SWFs to bolster Lloyds bid

UK-based NBNK Investments is said to be seeking support from sovereign wealth funds Qatar Holding and Abu Dhabi’s Mubadala Development to up its bid for 632 Lloyds Banking Group branches.

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