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Sovereign Wealth Funds Briefing - Categorized | Market

RBS shares rise on sale report; government denies

Posted on 28 March 2012

Shares in Royal Bank of Scotland rose sharply on Tuesday following a report that the government was negotiating to sell part of its majority stake to a Middle East sovereign wealth fund.
Though the Treasury said no sale was imminent, RBS shares were up 4.1 percent at 28.88 percent around 1 p.m., falling back from a 6.7 percent gain earlier………………………………………..Full Article: Source


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