Similar Stories to Royal Bank Of Scotland Sale Raises $3.3 Billion on Bing News

Business Heds Index, Seattle Post-Intelligencer: Business
Mon, 08/03/2015 - 11:57pm

LONDON (AP) — The U.K. government says it has sold 5.4 percent of taxpayer-owned Royal Bank of Scotland for 2.1 billion pounds ($3.3 billion) as it begins to shed a stake acquired at the height of the financial crisis in 2008. The Treasury said Tuesday it sold the shares for 330 pence each, or 2.3 percent less than Monday's closing price.

Topics: london ap the u.k royal bank scotland the treasury rbs treasury george osborne british the treasury billion percent stake sold government pounds

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