February 2011
Deals of the year 2010: RBS WorldPay sale to Bain/Advent
The deal itself was required as one of the remedies demanded by the European Commission for the £54 billion of state aid that RBS has received from the UK government. The bank remains a minority (20%) shareholder in the business, which generated operating profits of £249 million in 2009 and is Europes largest payments processor. ...