December 25, 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…

Master your money. Subscribe to MarketWatch.

Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime.

Subscribe Now

Leave a Reply