A group of more than 20 fund managers are preparing to table a takeover offer for 315 Royal Bank of Scotland (RBS) branches as suitors line up ahead of this week's bid deadline, it was reported today.
The consortium, which is being led by Tesco's former finance chief Andrew Higginson, is thought to be the front-runner to secure the RBS branches being put up for sale to appease European Commission rules on state aid.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
