Two more stabs at value of RBS assets
ANZ may pay between US$500 million and US$600 million for the banking business of Royal Bank of Scotland in six countries in Asia, Bloomberg reported this morning. Reuters late yesterday reported that ANZ would clinch the deal for about $US775 million.The more recent report from Bloomberg suggested ANZ and RBS may announce the sale as soon as today.The banking businesses of RBS being bought by ANZ are assumed to include those in Hong Kong, Indonesia, Philippines, Singapore, Taiwan and Vietnam.