Royal Bank of Scotland In Further Disposal of Loan Portfolio
July 23 2015 - 11:33AM
Dow Jones News
LONDON-- Royal Bank of Scotland Group PLC (RBS.LN) Thursday
announced an agreement to sell a further portfolio of loans to an
entity affiliated with Cerberus Capital Management, L.P for around
225 million pounds ($351.3 million) in cash.
Shares at 1502 GMT, down 5 pence, or 1.5%, at 354 pence valuing
the company at GBP41 billion.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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