Lloyds Sells Private-Equity Assets

LONDON—Lloyds Banking Group LLOY.LN +0.25% PLC said it agreed to sell private-equity-related investments worth £1.05 billion ($1.65 billion) to Coller International Partners as the U.K. bank continues to unload riskier assets after its 2008 bailout. Coller will pay £1.03 billion in cash for the portfolio in a deal that also includes around £220 million of undrawn commitments, or promises, made by Lloyds, to provide investment capital. A buyer such as Coller generally has to honor such commitments by the previous owner, if requested.  

READ MORE AS YOU ENTER THE WORLDS OF #PETEREVANS,@WSJ Tags: private equity,benny quetell,@resilient_ent,resilient media entertainment

RESILIENT MEDIA ENTERTAINMENT

#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement