Lloyds is negotiating with equity firms over its unit controlling stake

Lloyds Banking Group is currently in negotiations with private stock companies interested in buying a controlling stake in its Integrated Finance unit.

So Lloyds is in talks with 3i Advent International and Coller Capital over the  Integrated Finance unit.

Lloyds has been widely expected to sell off the troubled unit, headed by Peter Cummings, and which was part of HBOS (part of Lloyds at present), but a fall of values has made this deal to be solved hardly.

The assets of the division, which has stakes in cinema chain Vue and housebuilder Keepmoat, are thought to be worth about 500 million pounds ($785.8 million).