RBS reportedly selling debt to PE consortium and ABN AMRO assets to GSA private equity consortium reportedly comprising Apollo, TPG Capital and GSO Capital, plans to buy leveraged loans from the Royal Bank of Scotland. The transaction could be worth up to $8bn.
It has also been reported that a Goldman Sachs-led consortium has purchased certain ABN AMRO private equity assets from RBS, Banco Santander and Fortis at a discount. The assets are believed to be in Scandinavia, the UK and the Netherlands. The consortium also includes AlpInvest and Canada Pension Plan.
RBS has abandoned its plan to sell ABN AMRO's Australia and New Zealand operations, according to Thomson Reuters.
RBS provides banking services for individuals, businesses and institutions.
Copyright © 2008 AltAssets
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Private Equity News» By News Type» Deal News
Private Equity News» By Region» Europe» Western Europe» United Kingdom
Private Equity News» By News Type» Deal News
Private Equity News» By Region» Europe» Western Europe» United Kingdom
