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NatWest attacks predators

The National Westminster Bank has hit out at its Scottish suitors claiming any takeover would offer poor value for money.


Natwest claimed the Royal Bank of Scotland&#39s bid held the same mix of inadequate value and high risk as the offer from Bank of Scotland.


Natwest also warned shareholders RBS is offering to pay mainly with its own shares, which have fallen as much as 21 per cent since the hostile bid was launched.


Natwest chief operating officer Ron Sandler says: “It would be unlikely there is much to talk about unless they put something more on the table.”

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