Lloyds TSB HBOS Takeover Creates Super Car Lease Company

Friday, 19. September 2008

Whilst the city shakes to the after effects of the Lloyds TSB/HBOS takeover no one has yet mentioned the effect on the car leasing industry as the new company will not only result in control of the mortgage industry but it will also give domination over the car leasing industry. In May 2006 HBOS took total control of Lex Vehicle Leasing (LVL) by buying out the 50% shareholding owned by Aviva. This gave HBOS Read more »