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UK Govt. Sells 7.7% RBS Stake

: 06/05/2018 - 13:15

In the UK,

The government has sold a 7-point-7 percent stake in RBS for 2-and-a-half billion pounds. 

The 271p per share is little over half what the taxpayer paid when it was bailed out in 2008.

It will reduce the Treasury's stake in the company to 62-point-4 percent. 

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