Discussions between UK Financial Investments, which manages the government’s 82 per cent stake in RBS, and the Abu Dhabi Investment Authority have reportedly been held for months.
A deal could reportedly see at least 10 per cent and up to a third of the government’s stake sold on. The government is keen to reach an agreement with the oil-rich Gulf emirate’s sovereign wealth fund by the end of the year, according to the BBC………………………………………..Full Article: Source