Citizens Financial Group Announces Secondary Common Stock Offering by RBS Group

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Royal Bank of Scotland (RBS) to Unload ~$3B More Citizens Financial (CFG) Shares

March 23, 2015 9:24 AM EDT

The Royal Bank of Scotland Group plc (RBSG)(NYSE: RBS) announces it intends to sell part of its shareholding in its subsidiary Citizens Financial Group Inc. ("CFG" or Citizens") (NYSE: CFG) in an underwritten public follow-on offering (the Offering).

The... More