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RBS takeover bid for NatWest

Royal Bank of Scotland is promoting its £22bn takeover plan for National Westminster Bank to institutional investors and City analysts.


RBS is running a roadshow in an attempt to boost its share price and knock down the cash it must offer to Natwest.


The move follows the dip in share price of 20 per cent in the wake of Bank of Scotland&#39s rival bid launched in December.


Deutsche bank analyst Joe Hall says: “Royal Bank shares are trading on one of the lowest ratings in the sector, even on cost savings, and no assumption on revenue gains.”






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