LONDON, June 28 Royal Bank of Scotland
will make a decision on how to offload hundreds of British
branches it has been ordered to sell by European regulators in
the next month, industry sources told Reuters on Friday.
RBS is considering proposals from three sets of investors
for 315 branches.
One consortium is led by private equity firms Centerbridge
and Corsair and has backing from the Church of England's
investment fund, while another comprises several of Britain's
biggest investment firms and is led by former Tesco finance
director, Andy Higginson.
A third proposal has been submitted by British private
equity firm Anacap Financial Partners, in conjunction with U.S.
private equity group, Blackstone. RBS could also pursue a
stock market flotation of the branches on its own without having
additional investors on board, the sources said.