DataRoom AM: Lloyds' list

ANZ has passed on Lloyds' Australian banking assets while Commonwealth Property Office Fund may have another bid in the offing.

Lloyd’s Banking Group final offers aren’t due until next week but ANZ has already bailed apparently. Meanwhile, Aurizon’s stake sale idea is reportedly off the table, GPT could be moving for a Commonwealth Property Office Fund tilt and Virgin Australia signs on for another five years with the AFL – they can only hope that Fremantle makes a few more GFs to bump up Perth-Melbourne flights.

Lloyds Banking Group, ANZ Banking Group

ANZ Banking Group has dropped out of the race for the rest of Lloyds Banking Group’s Australian business, according to media reports.


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