UK 'in talks to sell part of RBS stake to Abu Dhabi'
The UK government is in talks to sell a significant stake in the Royal Bank of Scotland (RBS) to Abu Dhabi, the BBC has learned.
The government, which controls 82% of RBS, has for months been negotiating with Abu Dhabi sovereign wealth funds.
It could sell up to a third of its stake to Abu Dhabi, one of the seven states of the United Arab Emirates.
Joe Lynam reports.
- 26 March 2012
- BBC News