FOXBusiness.com: Consortium Offer RBS GBP1 Billion for Quick Branch Sale -Newspaper

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Consortium Offer RBS GBP1 Billion for Quick Branch Sale -Newspaper Apr 28th 2013, 14:00 Former Tesco PLC (TSCDY) Finance Director Andy Higginson, who is representing a consortium of investment and hedge fund companies, has offered Royal Bank of Scotland Group PLC (RBS.LN) more than 1 billion pounds ($1.55 billion) for a network of branches on the condition of a quick sale, according to a report in the Sunday Times newspaper, citing one unidentified consortium backer.

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