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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Singapore’s Temasek eyes$7.5bln stake in Lloyds

Posted on 08 July 2013

Singapore’s giant sovereign wealth fund has made a preliminary approach to the British government about buying a pound stg. 4.5 billion ($7.4bn) stake in Lloyds Banking Group.
Temasek, one of the biggest investors in the financial services sector, is believed to be willing to buy about 10 per cent of the bank’s shares………………………………………..Full Article: Source


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