Trader RBS Sempra Up for Sale

摘要

Royal Bank of Scotland (RBS), the debtladen bank rescued last year by the UK government, has invited bids for energy trading joint venture RBS Sempra Commodities, the Wall Street Journal reports, saying RBS has sent sales documents out to some 20 interested parties. The joint venture is owned 51% by RBS - which is now owned 84% by the UK government - with 49% held by Sempra, which a month ago said it was also willing to divest its minority stake as part of a sell-off.