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

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

Royal Bank of Scotland (NYSE:RBS)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Royal Bank of Scotland Charts.
Royal Bank of Scotland (NYSE:RBS)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Royal Bank of Scotland Charts.