RBS sells entire stake in Bank of China

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RBS sells entire stake in Bank of China

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01-14-2009, 09:07 AM

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RBS sells entire stake in Bank of China

It has now been confirmed that RBS (RBS) has sold its 4.3% stake in Bank of China for £1.6 billion. RBS sold all of its 10.8 billion Bank of China shares at a price of 1.71 Hong Kong dollars per share. The news is confirmation that the bank is looking to trim back its overseas [...]

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