RBS Reportedly Gets Å4 Bln Offer For Insurance Unit From CVC Capital Partners
RBS Reportedly Gets Å4 Bln Offer For Insurance Unit From CVC Capital Partners
UK-based lender Royal Bank of Scotland Group plc (RBS, RBS.L) has
received a takeover offer of about 4 billion pounds or $6.4 billion
for its insurance arm from private equity firm CVC Capital
Partners, the Mail on Sunday reported. The offer may reportedly
prompt RBS Group to cancel its earlier plan to offload the
insurance unit, probably via a public share sale.view original article
