RBS completes sale of Global

RNS Number : 1265X

Royal Bank of Scotland Group PLC

01 December 2010

 



RBS completes sale of Global Merchant Services to a consortium of Advent International and Bain Capital

1 December 2010

The Royal Bank of Scotland Group ("RBS") announces today that it has completed the sale of its Global Merchant Services ("GMS") business to a consortium of Advent International and Bain Capital following regulatory and other approvals.  RBS will hold a minority stake in the new GMS business, to be known as WorldPay.

For further information please contact:

Richard O'Connor
Head of Investor Relations
Tel: [phone]

Group Media Centre
Tel: [phone]

 

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