Wal-Mart Message Board - Msg: 10776784

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Wal-Mart

WMT 102.68

+1.0%

2:36 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis who wrote (811)	8/2/1999 10:26:00 AM
From: JakeStraw	of 1166

Sunday August 1, 10:29 pm Eastern Time Lloyds TSB mulling Wal-Mart link-paper LONDON, Aug 2 (Reuters) - British bank Lloyds TSB Group Plc (quote from Yahoo! UK & Ireland: LLOY.L) is mulling a link with Wal-Mart Stores Inc (NYSE:WMT - news), following the U.S. retailer's proposed acquisition of ASDA Group Plc (quote from Yahoo! UK & Ireland: ASSD.L), with which the bank already has links, the Guardian newspaper reported. Citing unnamed industry sources, the newspaper said that there had not been any discussions between the two so far, but said that there are ''internal debates'' at Lloyds TSB about approaching Wal-Mart. It noted however that no approach was expected any time soon. The newspaper said that Lloyds TSB, which has rented space in several of the British supermarket's premises to sell financial services, viewed any possible link-up with Wal-Mart as a cheap way of getting exposure to the U.S. market. Lloyds TSB said it was not its policy to comment on reports.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next