Great Western Coffee Shop

All across the Great Western territory => Smoke and Mirrors => Topic started by: Lee on September 24, 2007, 14:13:08



Title: Royal Bank Of Scotland Prepares Angel Trains For Private Equity Bidder
Post by: Lee on September 24, 2007, 14:13:08
RBS confirmed yesterday that it was "investigating options into disposing of Angel Trains" but declined to confirm whether it was in active discussions with potential buyers. It is understood that the bank hired Lazard in order to flush out interest from the private-equity sector , although Barclays and Babcock & Brown , an Australian investment company , are also expected to run the rule over the business. Potential bidders are expected to pay close attention to any tax liabilities attached to acquiring a leasing company (link below.)
http://www.rmtbristol.org.uk/2007/09/royal_bank_of_scotland_prepare.html#more

Interesting that Andrew Haines has become embroiled in this one....



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