UK 'in RBS talks with Abu Dhabi'
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UK in talks to sell part of RBS stake to Abu Dhabi

The UK government is in talks to sell a significant stake in the Royal Bank of Scotland (RBS) to Abu Dhabi, the BBC has learned.

The government, which controls 82% of RBS, has for months been negotiating with Abu Dhabi sovereign wealth funds.

It could sell up to a third of its stake to Abu Dhabi, one of the seven states of the United Arab Emirates.

Joe Lynam reports.

  • 27 Mar 2012
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