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Lloyds Agrees to Sell Crest Nicholson Stake to Varde

published Thu, Sep 09 2010 02:34 GMT
LONDON (Reuters) - Lloyds Banking Group has agreed to sell its stake in housebuilder Crest Nicholson to U.S. investment company Varde, continuing to shed non-core assets and refocus on its core lending activities.

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