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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Middle East investors goes cold on deal to buy part of RBS

Posted on 25 April 2012

Middle East investors are believed to have pulled back from negotiations to buy part of Royal Bank of Scotland, in a setback to the Government’s bid to return money to taxpayers.

Treasury officials have been working behind the scenes to reach a deal which could see a sizeable chunk of the state-backed bank hived off to sovereign wealth funds. But well-informed sources close to the talks last night indicated that investors have gone cold on the deal………………………………………..Full Article: Source


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