TITLE

RBS rejects JC Flowers bid for bank branches

AUTHOR(S)
Brennan, Henry
PUB. DATE
May 2013
SOURCE
Money Marketing (Online Edition);5/31/2013, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that a bid from private equity group JC Flowers for 315 branches of Royal Bank of Scotland has been reportedly rejected by the bank. Virgin Money PLC and JC Flowers have both recently been linked with bids for the branches after the failure of a proposed deal with Grupo Santander SA in October 2012.
ACCESSION #
88000277

 

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