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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

UK government held talks about RBS stake sale with Abu Dhabi SWF

Posted on 27 March 2012

The Government has discussed selling some of the taxpayer’s holding in Royal Bank of Scotland to an Abu Dhabi sovereign wealth fund as the authorities continue to look for ways to cut the state’s stake in the lender.
UK Financial Investments, which manages the state’s 82pc stake in RBS, held talks recently with Abu Dhabi wealth funds, though a source said the discussions were not at an advanced stage and no sale was expected in the near future………………………………………..Full Article: Source


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