Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Royal Bank of Scotland Group plc    RBS   GB00B7T77214

Delayed Quote. Delayed London Stock Exchange - 03/26 12:35:13 pm
350.3 GBp   -0.57%
06:29p UBP set to buy RBS's Coutts International
02:48p Nomura, RBS 'crap' emails come into play in $1 billion mortgage b..
01:18pDJRBS to Soon Announce Sale of Coutts International
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Royal Bank of Scotland Group plc : AnaCap Eyes Royal Bank of Scotland Branches - Financial Times

11/23/2012 | 02:58am US/Eastern

Royal Bank of Scotland PLC (RBS.LN) has attracted interest from a second private equity group looking at a potential bid for hundreds of its branches that were put back up for sale after the collapse of a deal with Santander, reports the Financial Times Friday, citing people close to the situation.

AnaCap Financial Partners, a London-based private equity group, is said to be interested in a potential bid for the 316 branches, said that person. The group completed the first private equity buyout of a U.K. bank in 2009 when it bought Ruffler Bank, a lender later renamed Aldermore.

A deal to sell the RBS estate, initially valued at GBP1.65 billion, collapsed after Spanish bank Santander pulled the plug last month, citing concerns over delays to the completion date, largely caused by mismatched IT systems.

JC Flowers, the private equity group founded by Christopher Flowers, as well as Nationwide Building Society and Sir Richard Branson's Virgin Money have not ruled out making bids, the report said, citing people with knowledge of the situation.

Newspaper Web site: http://www.ft.com

-London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

React to this article
Latest news on ROYAL BANK OF SCOTLAND GRO
06:29p UBP set to buy RBS's Coutts International
02:48p Nomura, RBS 'crap' emails come into play in $1 billion mortgage bond trial
01:18pDJRBS to Soon Announce Sale of Coutts International
07:00a CITIZENS FINANCIAL : RBS To Reduce Stake In Citizens Financial; Offering Priced ..
06:10a ROYAL BANK OF SCOTLAND : PRESS: Chief Executive Of RBS's Coutts UK Set To Quit -..
04:40aDJRBS Raises $3.2 Billion in Citizens Share Sale -- Update
03:12a ROYAL BANK OF SCOTLAND : New access to banking guidelines published
03:12a ROYAL BANK OF SCOTLAND : Partial sale of Citizens Financial Group, Inc. stake
02:51a ROYAL BANK OF SCOTLAND : Sells USD3.21 Billion Stake In Citizens (ALLISS)
03/25DJRBS Sells 135 Million Shares of Citizens Financial for $23.75 a Share
Advertisement
Chart
Duration : Period :
Royal Bank of Scotland Gro Technical Analysis Chart | RBS | GB00B7T77214 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF