26.07.2013 - Qatar, Kuwait said to eye stake in Lloyds Bank
Qatar and Kuwait are said to be interested in buying a stake in Lloyds Banking Group when the UK government sells its 39 percent holding, worth about £20bn ($30.7bn). The government plans to sell its stake in the UKís largest bank by market share in three tranches. The first is expected to be released within weeks but only offered to existing institutional investors including L&G, Blackrock, Norges, Fidelity, Schroders and Standard Life, at a 5-10 percent discount, according to Londonís Daily Mail...............................................Full Article: Source
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