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.