Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Disposal of remaining stake in WorldPay

27th Nov 2013 10:55

RNS Number : 0574U
Royal Bank of Scotland Group PLC
27 November 2013
 



 

27 November 2013

 

The Royal Bank of Scotland Group plc. (RBS) - Disposal of remaining stake in WorldPayRBS is pleased to announce the disposal of its remaining approximate 20% economic interest in the WorldPay global payments business, to a consortium of Advent International and Bain Capital, the current owners of the majority stake in the business.

A gain on disposal of around £160 million is expected to be recorded in our 2013 results. Risk weighted assets associated with the disposal are not material. The transaction is subject to regulatory approval which is expected by the end of 2013.

For further informationInvestorsRichard O'ConnorHead of Investor Relations+44 (0) 207 672 1758Media

RBS Group Media Relations

+44 (0) 131 523 4205

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCKMMZMGNZGFZM

Related Shares:

RBS.L
FTSE 100 Latest
Value8,415.25
Change7.81