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Archive Home > 2008 > November > 29 > British government to take over RBS

British government to take over RBS


November 29, 2008

LONDON — The British government will take over Royal Bank of Scotland Group PLC with a majority stake of almost 60 percent after the shareholders of the nation’s second-largest bank shunned an emergency share issue. The $31 billion rescue takeover means that dividends on....

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