RBS fire sale continues with flotation of Direct Line
14th September 2012
RBS continued the fire sale of its assets today by announcing its intention to proceed with a public flotation of its insurance arm Direct Line Group, which operates a large call centre operation in Birmingham.It said the move was to help with “its strategy to satisfy its State Aid obligations” and analysts believe the floatation could see the business valued at £3bn.The initial public offering inv......for the full story register now for free or login below...
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