--Royal Bank of Scotland Group PLC (RBS.LN) is tabling a bid for Tesco PLC's (TSCO.LN) GBP3.7 billion book of mortgages, Sky News reports.

--According to Sky News, state-backed RBS is among the initial bidders for the supermarket's home-loan portfolio. If RBS succeeds, this would be its biggest acquisition since it was bailed out by the U.K. government in 2008.

 

Full story: https://bit.ly/2L4TM16

 

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(END) Dow Jones Newswires

June 21, 2019 10:18 ET (14:18 GMT)

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