Lord Saatchi considers bid for The Telegraph [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
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Source: Yahoo! Finance
Lord Saatchi , a Conservative peer, is said to be putting together a consortium as the first-round deadline for offers on July 19 approaches. The peer, who was one half of advertising agency Saatchi & Saatchi and later M&C Saatchi, is said to be in talks with Lynn Forester de Rothschild on a joint offer, according to reports from Sky News. It is believed that the potential consortium has approached a number of financial backers over recent weeks, although insiders warned that it was far from certain that the talks would lead to a concrete offer. Lord Saatchi was made famous by the adverts his agency, with which he is no longer actively involved, created in 1978, the year before Thatcher became prime minister. Lady de Rothschild, the widow of banking giant Sir Evelyn de Rothschild, and a former director of The Economist group, is a self-made millionaire and founder of the Coalition for Inclusive Capitalism. The future of The Telegraph and The Spectator has been in question s
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LYG
Sec Filings
- 10/4/24 - Form 6-K
- 10/3/24 - Form 6-K
- 10/3/24 - Form 6-K
- LYG's page on the SEC website