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Old 06-10-2008, 12:23 AM
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Post RBS confirms rights issue is taken up by holders of 95% of shares

Royal Bank of Scotland (RBS) has confirmed that it has received acceptances for 95.11% of shares, therefore allaying fears for investors and underwriters. Investment banks Goldman Sachs, Merrill Lynch and UBS will have to sell 300 million shares, worth over £600 million on the market today.The cash call was at 200p and shareholders who did [...]

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