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Tuesday, 28 June 2016

RBS right to pursue quick sale of Sempra

Strike while the iron's hot

Bidders are eyeing the UK bank's stake in the commodities trader, whose disposal is being forced by Brussels. RBS has four years to get a deal done. But with metals markets rising, and political scrutiny likely to make Sempra's traders restless, it's wise to offload the unit now.

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