The U.K. government has reportedly attracted proposals for its stake in Lloyds (LYG), including...

|About: Lloyds Banking Group plc (LYG)|By:, SA News Editor

The U.K. government has reportedly attracted proposals for its stake in Lloyds (LYG), including a £10B bid from a consortium led by private-equity fund Corsair, whose senior partners include former trade minister Mervyn Davies. The group could offer to acquire up to half the state's 39% holding at somewhere around Lloyds' share price of 64.63 pence, which would ensure the government broke even on its financial-crisis bailout of the bank. Lloyd's market cap is £46.1B.