London - Britain's Lloyds TSB bank is to renegotiate its agreed takeover deal with Halifax Bank of Scotland (HBOS), it was announced Monday.

Lloyds said it would offer 0.605 pence per HBOS share, as opposed to the 0.83 pence agreed when the takeover was agreed last month.

The announcement came as the government revealed details of its bail-out package to leading banks, under which Lloyds will raise 5.5 billion pounds (9.6 billion pounds) of new capital. (dpa)