Invista REIM agrees £3m termination fee with Lloyds

By A staff reporter 2011-03-17T00:00:00

Lloyds Banking Group will pay Invista Real Estate Investment Management (Invista REIM) a total of £3.1 mln for early termination of its fund management activities on behalf of the group, HBOS. The HBOS Funds will be transferred to Lloyds on 6 May 2011, with Lloyds paying Invista £2.6 mln on ...

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