NAB 'in talks' over branch bid
NAB is mulling an offer for 318 branches and RBS asked potential
suitors to express interest by the start of this week. RBS is being forced to sell by European competition authorities.
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Hide AdNAB had held talks with at least five parties about how to fund its expansion in Britain, the report said.
Resolution said yesterday its priority remained deals in the insurance sector, but it also looks at other areas.
Blackstone's talks with NAB were at "a very early stage" and the US firm sees a number of opportunities in the sector, a source said. NAB and Blackstone declined to comment.