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TPG Set To Drop Out Of Run For RBS' Merchant Services Unit-Source

By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- TPG is set to withdraw from the auction for Royal Bank of Scotland Group PLC's (RBS) Global Merchant Services payments-processing unit, a move that could jeopardize the competitive process, a person familiar with the situation said Monday. RBS has indicated that it wants TPG to team up with U.S. buyout firm Clayton, Dubilier & Rice, which is also bidding, but TPG is unlikely to go that route, the person told Dow Jones Newswires. If a joint bid isn't forthcoming, RBS could be left with just one bid from Advent International, which is bidding jointly with Bain Capital. The RBS unit is being sold by the 83%-government owned bank as part of a disposal program forced on it after being bailed out by the state. It hired UBS AG (UBS) to run the auction a few months ago and wants to close the deal in the second half of the year. Global Merchant Services' biggest asset is RBS Worldpay, which processes credit card payments in 40 different countries. The unit was expected to attract up to GBP2.5 billion. -By Marietta Cauchi, Dow Jones Newswires; +44 207 842 9241; marietta.cauchi@dowjones.com (Patricia Kowsmann contributed to the story.)

Stock News for Ciber (CBR)
DateTimeHeadline
05/21/201515:20:26(25-NSE)
05/19/201516:25:45Amended Securities Registration (section 12(b)) (8-a12b/a)
05/18/201508:39:34Current Report Filing (8-k)
05/18/201508:38:07Additional Proxy Soliciting Materials (definitive) (defa14a)
05/18/201508:30:00Ciber Terminates Shareholder Rights Plan
05/09/201501:32:00Michael Boustridge, PDG de Ciber, fait un focus sur le centre...
05/06/201517:33:27Statement of Changes in Beneficial Ownership (4)
05/05/201515:30:15Sysco-US Foods Merger Hinges on Interpretation of Marketplace
05/05/201505:00:00Ciber CEO, Michael Boustridgeâs Focus on India Delivery Center a...
05/01/201517:24:38CIBER's Hold Rating Reiterated at Zacks (CBR)
04/30/201515:52:35Zacks Reaffirms "Hold" Rating for CIBER (CBR)
04/28/201519:49:05Statement of Changes in Beneficial Ownership (4)
04/28/201519:48:36Statement of Changes in Beneficial Ownership (4)
04/28/201519:48:06Statement of Changes in Beneficial Ownership (4)
04/28/201519:46:52Statement of Changes in Beneficial Ownership (4)
04/28/201519:46:20Statement of Changes in Beneficial Ownership (4)
04/28/201516:54:19Quarterly Report (10-q)
04/28/201516:28:13Current Report Filing (8-k)
04/28/201507:18:07Current Report Filing (8-k)
04/28/201507:00:00Ciber, Inc: CIBER REPORTS FIRST QUARTER 2015 RESULTS

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