Print Published 19th Jun 2012, 12:53

Bank sells its Adventis debt to private company

Lloyds TSB Bank has sold the outstanding debt due to it from struggling Adventis Group to a London based private investment business called RCapital Partners.

The deal appears to have come as a surprise to the directors of Adventis who announced this morning that they were in discussions with RCapital to “clarify its intentions for the company”.