Sunday, 3 July 2011

RBS Said to Sell Stake in U.K. Commercial Real Estate Loans to Blackstone

http://www.bloomberg.com/news/2011-07-01/rbs-said-to-sell-stake-in-u-k-real-estate-loans-to-blackstone.html

Royal Bank of Scotland Group Plc (RBS)agreed to sell a stake in a group of U.K. commercial-property loans with a face amount of 1.4 billion pounds ($2.2 billion) toBlackstone Group LP (BX), said two people briefed on the plan.

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