Tue, 17th Sep 2013 06:08
LONDON, Sept 17 (Reuters) - Britain has sold a 6 percentstake in part-nationalised Lloyds Banking Group,raising 3.2 billion pounds, the body that manages its shares inUK banks said on Tuesday.
The placing price was 75 pence per share, a 3 percentdiscount to Lloyds' closing price on Monday.
The sale reduces the government's stake in Lloyds to 32.7percent from 38.7 percent previously. (Reporting by Matt Scuffham; Editing by Steve Slater)
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Lloyds (LLOY)