DealZone

Deals du Jour

September 16, 2009

The European Commission’s restrictions on state aid for banks may force Lloyds Banking Group to sell off all or part of its Halifax branch network, a report today said. The news comes days after it emerged that Royal Bank of Scotland may dust off old brands ahead of a similar sale, also prompted by the possibility of action from the European Commission.

And here’s a round-up of deal-related stories from Wednesday’s press:

* Creditors of Oleg Deripaska’s En+ energy and metals group may ask the Russian billionaire to pledge a stake of up to 10 percent in aluminium firm UC RUSAL in order to restructure a $1 billion debt, Vedomosti newspaper reported on Wednesday.

* Private equity firm CVC Capital Partners has gathered a group of banks to finance a possible purchase of Anheuser-Busch InBev assets in central and eastern Europe, Belgian daily De Standaard reported. Reuters story here.

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