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Maroc Maroc - CYPRUS-MAIL.COM - A la Une - 21/Jun 03:30

NatWest swoops on retailer Sainsbury’s banking business

NatWest (NWG.L) has struck a deal to acquire most of the banking business of UK retailer Sainsbury’s (SBRY.L), the companies said on Thursday, in a deal that would increase the British lender’s assets by 2.5 billion pounds ($3.2 billion). The first major transaction executed by NatWest Chief Executive Paul Thwaite since formally taking charge last […]

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