LloydsTSB & Lex - Who will be in the driving seat?
In the wake of the world economic crisis, the £12bn acquisition of HBOS by LloydsTSB is set to create Britain’s largest leasing company. If the deal passes shareholder and regulatory approval, the new venture, the culmination of HBOS’ Lex and LloydsTSB Autolease, will control approximately 280,000-400,000 fleet vehicles - depending on which story you read.
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