LONDON (Reuters) – The British government has completed the sale of 1.1 billion pounds($1.55 billion) worth of shares in taxpayer-backed bank NatWest Group, reducing its shareholding in the lender bailed out over a decade ago in the financial crisis to under 55%.
UK Government Investments, the state-owned company that controls the shares, said the shares were priced at 190 pence, below Monday’s closing price of 197.1 pence.
($1 = 0.7084 pounds)
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.