Blackstone Consortium To Buy GEs UK HomeHome Mortgage Profile

A consortium led by The Blackstone Group LP (BX – Analyst Report) has actually agreed to acquire $5.9 billion worth of UK home loan profile from General Electric Business (GE – Expert Report). Terms of the deal, which is expected to close by December, were not disclosed.Along with Blackstone, the consortium consists of TPG Special…

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Britain To Sell More RBS Shares, Northern Rock Loans

LONDON Nov 25 Britain might finish the sale of its holding in Royal Bank of Scotland by 2020/21 under federal government strategies to offer practically 31 billion pounds ($46.8. billion) of shares in the bank in the next 6 years.The government has actually already prepared to offer 25 billion pounds. of RBS shares throughout this…

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