Lloyds Banking Group PLC (LON:LLOY) has sold vehicle rental and contract hire company Hill Hire to Ryder Europe.
Lloyds Banking Group PLC (LON:LLOY) Sells Hill Hire
As a part of its plan to offload non-core assets, the financial giant Lloyds Banking Group PLC (LON:LLOY) has sold Hill Hire, a part of its Asset Finance business to Ryder Europe for about £151 million.
This Lloyds Banking Group PLC (LON:LLOY) deal includes the sale of Hill Hire’s 13 UK depots and approximately 4,000 HGVs and other equipment, as well as its 297 staff.
Lloyds Banking Group PLC (LON:LLOY) stocks stood at 47.71 at the end of the last trading session.
Last Price: 47.71
52 Week Range: 46.69- 91.95
Last Vol: 36900104
3 Month Vol: 147300000
