| Credit Suisse has been appointed to sell Royal Bank of Scotland's 40 percent stake in Saudi Hollandi Bank 1040.SE, sources aware of the matter said on Tuesday, in a deal potentially worth around $1.2 billion.
Several sources said Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), was considered a likely buyer of the stake. The fund has been buying up assets at home and abroad following plans to turn it into the world's largest sovereign wealth fund with $2 trillion of assets...........................................Full Article: Source
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