>Lloyds set to sell Mint hotels for £550m

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An information memorandum for prospective buyers is expected to be issued over the next few weeks after the joint-owners appointed investment bank JP Morgan Cazenove to handle the sale.
Mint, which was founded as City Inn in 1995 and was only rebranded in November, is one of a number of hotel companies inherited by Lloyds after its painful acquisition of HBOS.

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