11th Jan 2011 17:00
RBS Sempra Commodities Agrees to Sell Assets to Societe Generale
11 January 2011
The Royal Bank of Scotland Group plc (RBS) today announces that RBS Sempra Commodities, RBS's joint venture with Sempra Energy, has agreed to sell certain residual assets to Société Générale. These assets include information technology and intellectual property assets, as well as exchange membership seats. The consideration will be satisfied in cash and this disposal is not material in value in the context of the RBS Group.
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