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Royal Bank of Scotland Group plc (LON:RBS) has decided to sell 900 public house freeholds. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full RBS chart at Wikinvest Royal Bank of Scotland Group plc (LON:RBS) To Sell Pubs According to reports, Royal Bank of Scotland Group plc (LON:RBS) has decided to appoint advisers from Sapient Corporate Finance and its own corporate finance team for the sale of its 900 freehold pubs. The pubs were bought from Scottish & Newcastle in 2000 and managed by Scottish & Newcastle Pub Company (S&NPC). The estate is believed to be worth up to £600million. Royal Bank of Scotland Group plc (LON:RBS) has been seeking to sell its pubs for a number of years. Royal Bank of Scotland Group plc (LON:RBS) stocks stood at 42.48 at the end of the last trading session. Price History Last Price: 42.48 52 Week Range: 36.12- 54.00 Last Vol: 2613489 3 Month Vol: 225166000
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Monday, May 16, 2011
Royal Bank of Scotland Group plc (LON:RBS) To Sell Pubs
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