Lloyds reportedly aims to sell leasing unit to leave Australia

08/5/2013 | Reuters

Lloyds Banking Group is looking to sell an Australian leasing unit with a book value of $3.6 billion, as the U.K. bank reduces foreign branches, sources say. The bank reportedly also wants to sell a unit for auto and equipment leasing. Lloyds has retained Goldman Sachs as an adviser, the sources say.

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