You are an expert at summarizing long articles. Proceed to summarize the following text: 
british bank lloyds tsb announced on thursday it was taking over distressed rival halifax bank of scotland -lrb- hbos -rrb- in a ##.#-billion-pound -lrb- ##.# billion euro , ##.# billion dollar -rrb- deal .
british bank lloyds tsb announces hbos takeover