November 23, 2024

UK Government Considers NatWest Retail Offer

NatWest #NatWest

By Elena Vardon

U.K. finance chief Jeremy Hunt said the government will explore selling down its stake in British lender NatWest through a retail share offer over the coming year.

The government owns a 38.69% stake in NatWest. In May, the Treasury sold around 1.26 billion pounds ($1.58 billion) in shares back to the bank in an off-market purchase…

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