December 12, 2013

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Bidder says rbs branch sale could be delayed (Reuters)W investments plc, one of the three bidders vying for royal bank of scotland's 315 branches, said the sale could be delayed beyond the twoyear schedule. Rbs has been ordered to sell the branches in return for receiving a 45.5 billion pound($71.04 billion)Bailout during the 2008 financial crisis which left british taxpayers owning 81 percent of the bank.The sale process dubbed project rainbow, suffered a setback in october when santander pulled out of a deal to buy the branches for 1.65 billion pounds. "It is possible that separation will not be achieved within the twoyear period currently contemplated by rbsg,"W investments, which will list on the london stock exchange on monday, said in a regulatory filing christian louboutin boots sale while listing risk factors to the possible deal. W investments said the proposed deal was a complex and christian louboutin sale time consuming process. W investments led by former tesco finance director andy higginson;A consortium including private equity firms corsair capital and centerbridge;And a group led by anacap financial and blackstone are bidding for the statebacked bank's branch network. W investments said the overall consideration for the deal had yet be agreed upon.However, if successful, it would pay 1.1 billion pounds in cash up christian louboutin pumps sale front. (Reporting by karen rebelo in bangalore christian louboutin daffodil and laura noonan in london;Editing by chris reese) 11:00 pm Breakers go one up in Champions Challenge9:39 pm Balloon release to mark Baby Loss Awareness Week9:25 pm Len Brown pledges to stop Option 4 if reelected Minto9:24 pm Let's move from fossil farming to futureproof farming OANZ9:03 pm Opening night of finals at swim champs9:00 pm Musicians steal the show on NZ's Got Talent8:51 pm Praise for good behaviour at blossom festival7:47 pm Shops lose the right to sell legal highs7:13 pm Flip van der Merwe cited after Cape Town Test6:59 pm ITM Cup:Counties edge out bay of plenty christian louboutin pumps sale front

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