Merrill Says Rbs Should Be Sold

Sunday HeraldMarch 21, 2005

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Summary


SHAREHOLDERS in the Royal Bank of Scotland should consider various options for enhancing the value of their shares, such as selling the Edinburgh group to Citigroup, a break-up including flotations of Coutts and Citizens, or even a leveraged buy-out.

RBS house broker Merrill Lynch last week said in a research note that the bank and its investors should examine a range of options to boost value.

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Extract


Merrill Says Rbs Should Be Sold

Merrill Lynch's bank analyst John-Paul Crutchley said:

"Based on ...

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