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RBS, Mitsubishi reportedly in asset deal talks

RBS, Mitsubishi reportedly in asset deal talks

A published report says that Royal Bank of Scotland is negotiating the sale of 4 billion pounds ($6.4 billion) of assets to Mitsubishi UFJ Financial Group.
The Financial Times reported Wednesday that the assets are project financing loans, including loans for energy assets and some U.K. infrastructure.
RBS declined to comment on the report.
The bailed-out bank had identified 258 billion pounds of noncore assets which could be sold. So far the bank has sold more than 80 billion pounds of those assets.