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RBS sell-off may be slowed if share sale flops again, warn analysts

Investors who took part in the first Government sale of RBS stock in three years earlier this summer would lose around ?125m on their ?2.5bn outlay if they were to sell today.
The City is nervously awaiting a further sale of the taxpayers’ remaining 62.4pc stake in the bank, after a poor outing last time round in June.
RBS cheered fund managers on Friday when it announced its first dividend in a decade since its ?45bn bailout at the height of the financial crisis. It unveiled a 2p interim dividend after a quarter of solid profits.
However, industry sources warned that a second underwhelming sale of government stock could slow the privatisation of RBS.
RBS sell-off may be slowed if share sale flops again, warn analysts

RBS chief Ross McEwan
Credit:
Chris Ratcliffe/Bloomberg
“If they want to privatise it quickly they...
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