Abu Dhabi has discussed a £10bn investment into Royal Bank of Scotland, as part of a complex transaction that would help pave the way for the government’s eventual exit .
The investment has been debated in the course of long-running talks between UK government officials and potential investors in both RBS and Lloyds, Britain’s two big part-nationalised banks. The discussions have taken place at regular intervals over the past three years, according to people close to the discussions.
People familiar with the talks said Sheikh Mansour, backed by other Abu Dhabi and Middle Eastern investors, had indicated his interest buying part of the British government’s RBS holding. Sheikh Mansour is best known in the UK for buying – and helping revive the fortunes of – Manchester City football club.
No comments:
Post a Comment