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Generali out of race for Royal insurance

Royal Bank of Scotland�s hopes of securing a bumper price for the insurance operations it put up for sale last month, and which employ 1800 people in Scotland, dimmed when Italy�s Generali withdrew from the bidding.

Royal Bank of Scotland's hopes of securing a bumper price for the insurance operations it put up for sale last month, and which employ 1800 people in Scotland, dimmed when Italy's Generali withdrew from the bidding.